Event insurance
Whether you’ve organised a one-off corporate function or a large scale festival, you’ll know just how stressful arranging an event can be. There are so many things out of your control, including weather, ticket sales and even the behaviour of your attendees.
That’s why you should help protect yourself and your business with a tailored events insurance policy.
Event insurance is usually taken out by professionals in the hospitality or entertainment industry. such as:
- Event managers and coordinators
- Events promoters and organisers
- Sound and lighting operators
- Stage managers
However, any individual or company holding an event should consider the cover that events insurance can offer. Events can include concert, exhibitions, festivals, fundraisers, theatre productions, trade shows, dance parties or corporate functions.
Did you know?
(Deloitte, Australia's international business events sector; the economic and strategic value proposition, 2014)
1 in 5
One in five dollars spent by international visitors to Australia are spent at a business event.
What can it cover?
Events insurance can protect you and your company from the various risk you’re exposed to when conducting an event. Without insurance, such a claim could threaten your assets.
Event (public) liability
Liability if a third party issues a claim for personal injury or property damage
venue and equipment damage
Covers venue and equipment damage during the event
cancellation of the event due to weather
Covers losses arising as a result of an event being cancelled due to weather conditions
cancellation, abandonment or non-appearance
Cover for abandonment or non-appearance of a performer.
Voluntary workers personal accident
Cover for defined out-of-pocket expense if an accident results in the injury or death of a volunteer for the volunteers working at the event