Contingency
Contingency and event liability insurance provides financial protection for event organizers, promoters, production companies against to unplanned situation and cancellation.
It is the insurance that compensates for damages arising from cancellation, postponement, interruption or relocation beyond the control of the organizers for reasons such as accident, illness, death, travel delay.
Our experienced specialist team provide the right solutions to help you avoid preventable losses and minimize the impacts of events beyond your control.
We offer a variety of specific coverages beyond standard insurance form such as:
- Event Cancellation
- Non-Appearance
- Weather Insurance
- Prize Indemnity
- Lottery Insurance
- Over-Redemption
- Contract Bonus
- Hole-in-One
For insurable activities including but not limited to:
- Sports Games & Shows
- Concerts & Festivals
- Conferences & Congresses
- Exhibitions & Fairs
- Ceremonies
- Theatre & Dances
- Culture and Entertainment Organizations
- Political Meetings
- Sales Related Organizations
- Demonstrations
With scope of cover for:
- Natural disasters
- Adverse weather conditions
- Terrorism
- Health problems
- Vehicles not working
- Damages Payable
- Costs that occur but cannot be recovered
- Any income that is earned but needs to be returned
- Additional expenses incurred in the delay or change of location of the activity or minimizing the loss
- Loss of budgeted profit