This type of insurance is specifically designed for event planners whether you’re an individual event organizer or an event planning company. Event planners must safeguard their clients and their events from the risk of possible loss or damage that could cost them a lot of money.
Event planners take out a lot of time and the clients’ money to set up and organize an event in a very short span of time, sometimes the night before a big event starting the next morning. And they can’t afford to let anything happen to the event set up such as loss by fire, theft, etc. so close to the event.
Event insurance might seem a little complicated but the professional, experienced and highly knowledgeable staff at Progressive Insurance Brokers will explain in detail to you about event insurance. We will tell you what needs to be insured, the amount of insurance that you need and other formalities without wasting your time and money.
There are many varieties of event insurance. You can insure one particular event or certain specific aspects about an event or take an insurance package for a certain fixed period of time. You can also take additional insurance coverage for special cases like last minute cancellation of the event by the client so that you don’t lose your money and liquor liability (bringing and consuming personal alcohol or liquor at places like hotels). The venue, client, event planner, caterers and other parties are protected by event insurance.
Entertainment Industry Liability
This type of event insurance is similar to a general liability insurance and covers all the general aspects of an event. It includes all general risks and liabilities related to the entertainment and event industry such as food caterers, sound and lighting, musicians and other kinds of entertainment, special effects if any, etc.
This type of insurance covers a wide range of events too such as musical and theatre events, weddings, family events, parties, musical festivals and concerts, sporting events, community festivals and fairs and many more.
Entertainment Equipment Insurance Proposal
This type of insurance covers all the equipment used in different kinds of events and it is a general property cover. It covers all kinds of moveable and immoveable property used in events. It covers entertainment and event equipment at one particular location or all locations in different parts of the world.
Conference & Exhibition Insurance Proposal
This is a type of event insurance is a combined package of Liability, Cancellation & Abandonment, General Property and Money insurance. It is specifically designed for events like trade shows, exhibitions, annual meetings, conferences and similar events.
General Events Cancellation & Abandonment Insurance Proposal
This is an insurance for the cancellation and abandonment of events such as community festivals and fairs, sporting events, music festivals, concerts and other general entertainment events. It can be extended optionally for outdoor events to cover bad weather conditions or the non-appearance of important key people to the event.
Prize Indemnity Insurance Proposal
This insurance covers envelope prize draws, competitions, ‘Kick for Cash’ competitions, dice rolls, lucky draws and other events and competitions based on probability which have large prizes to give away to winners.
Hole in One Insurance Proposal
This is a type of event insurance that covers golf competitions that offer a large prize to the person who can get a hole in one on a particular designated hole.
Film Producers Indemnity (Cast) Insurance Proposal
This is an insurance cover for film producers where the film production has been delayed due to the abandonment or non-appearance of the cast members.