What is Event Cancellation or Disruption Insurance?
Cancellation Insurance can compensate for your financial loss following cancellation, disruption, postponement or relocation of an event for reasons beyond your control. For example, the unseasonably heavy snow (aka ‘The Beast from the East’) in March 2018 caused a number of half and full marathons to be cancelled at short notice.
Cover can include lost financial expenses, cost of advertising the cancellation and costs incurred minimising the total claim.
Whether you are organising a single event or a series of events, you should seriously consider the financial implications of disruption beyond your control.
If the cause of the cancellation is physical damage to your property or another property you may be covered for your loss by business interruption insurance.
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