Holding an event at your establishment could be the climax of months of preparation and planning, it could be the launch of a major new product, a charity event or a long-standing annual tradition. No matter what your event, you want it to be a success, unfortunately sometimes things do not go to plan. Don’t neglect to take out a specially designed events insurance policy which covers you, should the worst happen.
There are all manner of events that can be covered by events insurance
• Weddings, christenings and bar mitzvahs
• Exhibitions, shows and conferences
• Sporting fixtures
• Award ceremonies
• Fireworks displays and bonfire nights
• Golf days
Irrespective of the type of event you are holding, there will be a market that Insure 24-7 can place your risk with. In order to ascertain the risk we will need to know:
• The size of the event
• Where it will be held
• Indoors, outdoors or a mixture of both
• How many people will be in attendance
• What type of event it will be
• How long it will last for
• When the event will be
No two events are the same. Whether you are holding a regular event or require one-off cover, Insure 24-7 can provide you with the protection you need.
Insurance for events can be as bespoke as the event itself, the more information you can provide about the event the more specific the insurance cover that can be offered, but not only that we can ensure that you are adequately protected at all times. The typical cover you should consider as a minimum is;
This type of insurance will cover you for, cancellation, abandonment and curtailment of your event, even if this means moving it to another time and or location.
Insurance cover can range from covering expenses already paid, right up to projected profits.
It is even possible to add terrorism cover or national mourning insurance, should the death of a head of state or similar occur to coincide with your event
Although the British weather is highly unreliable, it is possible to insure against adverse weather conditions for events held outdoors or under temporary structures.
Your event may hinge on a guest appearance of a celebrity, these can be even more unreliable than the weather and it may be worth insuring against such instances.
Property cover can be taken out to insure any equipment that has been hired in for your events such as audio and visual equipment, furniture and marquees.
Should any damage occur to any of these during the event it is likely that the hire company will continue to charge for their usage until they are replaced, specialist property events cover will pay out in these instances.
For an event to be a success you will need people to attend, the more the better; however, the larger the crowd, the larger and more expensive the risk.
Liability cover is required to cover your liabilities to your employees and your guests, should they sustain an injury as a result of your negligence. Types of liability cover include:
• Public liability cover
• Employers’ liability
• Indemnity to directors and employees
• Liability for damage to venues
• Indemnity to venue owners or operators
• Damage to third party property.
If you’d like to get a quote for an insurance policy for your events, then don’t hesitate to contact Insure 24-7 directly. Our expert brokers will be happy to discuss your requirements and put together a competitively priced policy that will provide you with tailored coverage, protecting your events from a variety of risks.