EVENT CANCELLATION & POSTPONEMENT INSURANCE FOR EVENTS, WEDDINGS, EXHIBITIONS, SPORTS EVENTS Event insurance helps organisers protect their events against unexpected situations which would otherwise leave them subject to hefty costs, potential lawsuits and loss of business.   In fact, planning for event insurance is something that should be at the top of an organiser’s to-do list as leaving it late may mean not finding the cover you need, or even not getting Covered. If you are Planning an event make sure you have appropriate event insurance in place, which can help protect your event from those unforeseen circumstances and losses to your business namely  As per IRDA Guidelines it is mandatory to take a Event Cancellation & Postponement Insurance Policy. You can take a Fire Material Damage or a Public Liability without the same. Below coverages will differ from Insurer to Insurer EVENT CANCELLATION & POSTPONEMENT INSURANCE POLICY Cancellation due to Fire & Allied Perils National/ State Mourning only due to death of PM/ President/ Vice President / CM of State in which event is taking place and terrorism Key Utilities or Equipment Failure – Electrical Accident provided Generators are on standby 24 x 7 Denial of access to the venue […]
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