1 / 9

Event Insurance - What Is it and Why You Should Have It

There are multiple things that might go wrong at an event. Accidents at events are inevitable and expensive. But with event insurance policy, you do not have to worry about the financial burden and the risks anymore. Special event insurance is a very beneficial policy for businesses that host events frequently. It is best to get this policy and prevent your business from facing risks and unnecessary costs beforehand. Event insurance is essential because many things might go wrong at an event. As the host of the event, you have taken all the precautionary measures to ensure that everything is to the point and safe. However, you cannot have everything under your control. And in such cases, accidents do happen. But if you have event insurance, you will not have to be stressed about the financial impact of those accidents. Click here to learn more about event insurance: https://quotezebra.com/event-insurance/

eventinsurance12
Download Presentation

Event Insurance - What Is it and Why You Should Have It

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Event Insurance Why you should add it to your guest list

  2. What is event insurance? • Provides coverage for special events Consider the following scenarios: • A severe storm closes road & forces you to cancel the gala dinner • A child slips & gets injured due to a slippery floor in your bake sale • A few guests have too many drinks & damage the party space your nonprofit organization rented • A guest accidentally sets fire to the property, and the owner decides to sue you for damages

  3. Coverages of event insurance • Special event • Property damage • Bodily injury • Liquor liability • Damage to property • Injury • Accidents • Event cancellation • Venue issues • Extreme weather • Host issues • others

  4. Standard exclusions • Communicable disease • Terrorism • Nuclear, chemical or bio-hazards • Pollution or contamination • Financial causes • War & military action

  5. Common endorsements Endorsements: • Rental coverage • Damages to rental property • Hired & non-auto liability coverage • Damage to vehicle and other auto-related injuries

  6. Types of insurances that require event policy • Nonprofit insurance • Entertainment insurance • Hotel insurance

  7. Event insurance cost The cost of vent insurance is determined by: • Type & location of event • Bumber of attendees • Involvement of liquor

  8. Don’t let any unexpected incident ruin your special event.

More Related