Event Cancellation Insurance in Hong Kong - Chubb

Event Cancellation Insurance

The stakes are high when you’re planning an event. With the scale of publicity involved, from TV broadcasts to marketing, your insurance needs will require a broad, specialised protection plan like Chubb’s Event Cancellation Insurance. It covers a wide range of situations that can lead to potential loss due to the cancellation or even relocation of the event.

Coverage Highlights

What it covers

An Event Cancellation policy can be tailored to suit the various needs and tolerances of any event. Chubb’s approach allows for a flexible structure when putting your unique policy together. However, most policies will feature the following:

  • Cover for cancellation, abandonment, interruption or postponement of an insured event for reasons beyond the control of the event organiser
  • Additional expenses which serve to reduce any loss are also covered
  • A policy can be written to cover event costs and expenses only or extended to include gross revenue which also protects any event profit
  • Your policy can be extended to include adverse weather, terrorism, non-appearance or a variety of other perils that may have a unique impact on your event

Benefits

  • Provides insurance against loss resulting from cancellation of the insured event
  • Designed to respond to almost any unexpected circumstance that necessitates the cancellation, abandonment, interruption, postponement or relocation of the event
  • Flexible policy that can be tailored to the particular needs of each occasion
  • Protection is provided for either the loss of expenses or loss of revenue
  • Pays the extra expense incurred by the insured in order to prevent the cancellation, interruption or postponement of an event
  • Can be arranged by anyone with a financial interest in the event to protect against their specific loss associated with that event

The above information is intended to be a general summary for reference only and does not form part of the policy. You should refer to the policy wording for exact terms, conditions and exclusions. The above information shall not be construed as an offer to sell or solicitation to buy or provision of any of our products outside Hong Kong. For further information, please contact Chubb Insurance Hong Kong Limited on +852 3191 6800.

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