The Essential Guide to Event Cancellation Insurance
With a calendar full of events and a never-ending to do list of tasks to ensure your festival, sports event or charity event is a success, organising insurance may not seem a top priority but if the worst was to happen would you be covered if the event was cancelled?
A recent example that demonstrated the importance of event cancellation insurance was when We Are FSTVL 2024 was cancelled due to record levels of rainfall. The organisers of the Dagenham festival confirmed that the event has been forced to be cancelled due to the weather conditions and would not be returning until 2025. With climate change increasingly posing a threat to what would be considered normal weather conditions, the risk of cancelling your event could be even higher.
Organising an event can be thrilling yet nerve-wracking, especially with unforeseen disruptions looming as a constant threat. Mann Broadbent’s Event Cancellation Insurance offers a safety net, ensuring financial protection when events face unexpected hurdles. Whether it’s due to adverse weather, national mourning, or power failures, this insurance can cover cancellation, postponement, and relocation costs.
Why Consider Event Cancellation Insurance?
Adverse Weather
Weather disruptions like heavy snow or rain can lead to last-minute cancellations. It could also include if the car park to your event is flooded or there is restricted access to the venue, which you cannot control.
Unforeseen Disruptions
Including road closures, terrorist threats, or building works. All of these issues could mean your event is not financially viable and therefore cancellation is the only option.
Non-Attendance
Key figures or performers failing to attend due to illness or other reasons. If the event cannot deliver what has been advertised, ticket refunds may need to be covered.
What Are the Benefits of Event Cancellation Insurance?
Financial Compensation
Covers lost expenses, lost revenue, advertising costs for cancellations, and entry fee reimbursements.
Peace of Mind
Reduces the financial strain and administrative burden during crises.
Broad Coverage
Tailored to protect against a variety of unpredictable events.
Event planning is complex, and disruptions are inevitable. Mann Broadbent’s Event Cancellation Insurance provides a comprehensive solution to safeguard your investment and peace of mind, ensuring that unexpected events don’t ruin your plans.
For more information or to get a quote, please contact the Mann Broadbent team on 01905 612336 or alternatively email Enquiry@mannbroadbent.co.uk.
