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 broad, specialised cover 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 provides cover for 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 (subject to additional premiums) 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
  • Cover 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

Any advice provided is general only and has been prepared without taking into account your objectives, financial situation or needs and may not be right for you.

Interested in this Chubb policy?

Have a question or need more information? Contact us to find out how we can help you get covered against potential risks