Event Cancellation/Abandonment Insurance and/or Non Appearance Insurance
The insurance of an organization's physical assets against risk is considered to
be essential for any well-run business. Event risks typically fall outside more
easily recognized insurance covers, yet coverage for events has just as an acute
effect on the balance sheet as that of any other standard coverage. Considering
the time and money it takes to plan an event, the risks to the bottom line are substantial.
When disaster strikes, event insurance protects against the loss of costs and expenses
or revenues for a small fraction of that exposure. Underwritten by Lloyd's of London.