Event And Sports Cover Insurance

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EVENTS AND SPORTS INSURANCE

Your Event, Your Vision—Protected from the Unexpected

Even the most perfectly planned concerts, sports tournaments, corporate events, and exhibitions can face last-minute cancellations, equipment damage, or public liability claims. Without Event and Sports Cover Insurance, organizers risk massive financial losses and legal troubles. Protect your event with customized coverage that ensures financial security—no matter what happens.

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    The Hidden Costs of Event Disruptions

    When Plans Fail, the Costs Don’t—Is Your Event Financially Secure?

    A canceled concert, stadium accident, or last-minute event disruption can result in millions in losses. Without Event Cancellation Insurance and Sports Event Liability Coverage, organizers may face legal claims, lost revenue, and logistical nightmares.

    What Makes Event & Sports Cover Insurance Essential?

    • Financial Protection from Cancellations: Covers costs if an event is postponed, relocated, or abandoned due to weather, security threats, or unforeseen circumstances.
    • Legal & Public Liability Coverage: Shields against third-party claims for injuries, property damage, or liquor-related incidents at your event.
    • Reputational Damage Control: Provides crisis management support to protect brand reputation after event failures.
    • Comprehensive Risk Management: Covers logistical disruptions, venue shutdowns, and last-minute vendor issues.

    Coverage That Keeps Your Event Moving

    Stage, Set & Equipment Cover

    Most events like concerts and performances require specialised stage equipment which can be if significant commercial value. This section covers loss of or damage to the props, set, stage or equipment arising out of any operative peril like fire, flood, storm or mob violence.

    Public And Liquor Liability

    While event managers accord a high degree of importance to the risk of event disruption due to commercial reason public injury can lead to more significant risks. This can be due to a peril or collapse of the temporary structures to a liquor related violence which need to be insured.

    Personal Accident

    While the public are at a risk of injury the crew, employees of event organisers and performers are exposed to larger risk of accident. Event organisers can seek specialised personal accident cover to secure themselves from the risk of death or disability of the people involved.

    Broadcast Failure

    In a connected world of high media spends, event coverage and transmission has a large dedicated spends on every event which far exceeds sponsorship money. A coverage or broadcast failure can lead to huge financial losses to organisers which need adequate cover.

    General Adversity Cover

    A cricket match can have millions of dollars dedicated to event rights and cost of tickets sold. A rain interruption or a cancellation due to spectator violence, riots, even a state mourning can lead to postponement, relocation cancellation or abandonment which can all be insured.

     

    Cricketing Event Cover

    A cricket match cover can be guided by series of parameters defining the loss. It may need defining the number of balls to be bowled before loss arises. Organisers may still need an exhaustive expense and broadcasting fees cover to tide over the loss of a curtailed event.

     

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    Validity of IRDAI certificate : 10 July, 2026

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