There are many reasons why insurance is important for event organisers to consider. By their very nature, events are prone to a number of risks including accidents, injuries, property damage, cancellations due to unforeseen disruptions.
Some examples of things that can go wrong at an event may include:
- Someone suffers an injury – it could be someone organising, attending or working at the event.
- Property or equipment is damaged, stolen or lost
- The event is cancelled due to circumstances out of your control (eg performer illness, bad weather, power failure).
Insurance can help protect your event from potential lawsuits or financial loss, allowing you to recover some or all of your money, and giving you peace or mind that you’re covered for unexpected circumstances. Ultimately, it can mean the difference between running your event – or not.