The Importance of Events Cancellation Insurance
Events can get cancelled as a result of many different factors – from adverse weather conditions to damage to the venue. If you are hosting an event, then it’s crucial that you protect yourself from any potential financial losses that you might incur from an event cancellation. This is where insurance for events cancellation comes in.
Event cancellation insurance can ensure that your costs and expenses are covered, following an unforeseeable cancellation of your event. Below, the David J Miller Insurance Brokers team looks at why event cancellation insurance is so important. Read on to learn more.
If you want to obtain a quick quote, call us today on 01254 355 159.
What is Event Cancellation Insurance?
This is a type of insurance that reimburses irrecoverable costs and expenses incurred when an event has been cancelled, postponed or interrupted. Event cancellation insurance can cover costs and expenses including venue costs, advertising, promotional material and marketing, and merchandising, or gross revenue such as ticket sales, space and pitch hire, sponsorship and advertising.
Scenarios Where Cover is Important
Event cancellation insurance is always important to have, as you can never predict what is going to happen. Events can be cancelled due to weather conditions, which are so adverse and dangerous that it’s not safe to hold the event and allow crowds to attend. For example, there might be high wind speeds or excess rainfall. Moreover, there might be issues relating to the venue such as sanitation issues, food poisoning, threat of terrorism, power failure, public transport failure, TV transmission failure and natural catastrophes.
The David J Miller Insurance Brokers team has dealt with a variety of event cancellation claims over the years ranging from heavy fog at spectator events and flooding at a festival, to pitch damage at a football tournament, and pool sanitation issues at a swimming gala. Event cancellation insurance does not cover lack of sales, attendance, or financial failure protection though. For further details, head over to our website today.
How can David J Miller Insurance Brokers help?
Here at David J Miller Insurance Brokers, we are leaders in event cancellation insurance. We can provide a comprehensive insurance policy for all types of events. Whether it’s a small meeting or gathering, or a large-scale conference or festival, we can provide you with an optimal policy that’s suited to your event.
Our cover will protect your financial interests. So, if you’re an event organiser, promoter or sponsor, it’s vital that you safeguard your financial position. Getting event cancellation insurance is incredibly easy and straightforward. It takes only minutes to get your details collected and a competitive quote to be made. If you would like to get in touch with us, then please reach out via the details below.
Require Events Cancellation Insurance?
If you are looking for a broker that specialises in event cancellation insurance, contact our team. We can provide first-class cancellation insurance that is tailored to your requirements and needs.
To enquire about our events cancellation insurance, please complete the enquiry form on our website. Our professional team will be in touch with you shortly. Alternatively, feel free to call us on 01254 355 159. We promise a five-star price, policy coverage and customer support.
