Most Important Factors to Consider When Obtaining Insurance for an Event
There are a lot of details that go into planning an event and one often overlooks event insurance. Event insurance is available for large or small events such as; corporate functions, dance competitions, parties and more. Event insurance will protect the organizers from any unfortunate mishaps.
About Event Insurance
Event insurance protects the organizers from occurring out-of-pocket expenses and liability due to possible mishap before, during or after an event. Be sure to read over your policy carefully and understand what it does and does not cover.
When choosing event insurance, you must let the insurance agent know specific factors. Information needed by the agent includes
- Type of event
- How many people will be attending the event?
- Will there be a key speaker/performer/band?
- Will the event be held outside?
- Duration of event
- Will the event be catered?
Types of Event Insurance
- Cancellation/Disruption insurance
- Event liability insurance
- Venue insurance
- Adverse weather insurance
- Non appearance of entertainer/speaker
- Equipment damage/loss
- Travel insurance
- Reduced attendance insurance
- Singe day event insurance
- Private event insurance
- Sporting event insurance
- Crisis management insurance
- Pyrotechnics insurance