Why insurance should be on every event planner’s checklist!
Christmas has been and gone and it’s the start of not only a new year, but a new decade. The long month of January is often a time of sobriety and reflection. It can also be a good time to start planning events for forthcoming months.
When planning an event, no matter how big or small, it can be a good idea to write out a checklist. The checklist should map out the different vital components of event planning, including the budget, venue, vendors, marketing campaigns and more.
One item that should be included on every event planner’s checklist is insurance. Event insurance can protect organisations from a series of unplanned mishaps that can unexpectedly rear their head when putting on an event.
Event cancellation insurance
The financial losses that often arise in the wake of the cancelling of an event, can be crippling. One principle reason for the unexpected cancellation of events is the non-appearance of leading figures and key performers due to present at an event.
It is therefore important that any organisation or person planning event takes out event cancellation insurance to reimburse irrecoverable expenses and costs due to unforeseeable cancellation, such as leading spokespeople or performers pulling out.
Nelson Policies at Lloyd’s event insurance
Nelson Sport & Leisure division can arrange single or multi event polices for a wide range of events. These events include:
- Charity events
- Festivals or concerts (music)
- Food events
- Fundraising events
- Sport or Leisure
For more information about our single or multi-event policies to cover an impending event such the unforeseeable occur, get in touch with the Nelson Sport & Leisure team today.Back to Blog
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