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Event Insurance

Event Insurance

If you are planning an event, whether it’s a Corporate Conferences, Seminars, Live Concerts, Award Ceremonies, School & College Annual Functions, Wedding Ceremonies, Sports Events like Cricket, Hockey, Kabaddi etc. make sure you have appropriate event insurance in place, which can help protect your event from those unforeseen circumstances and losses to your business.

Cancellation of Event

Scope of Cover : Cancellation or postponement of the Event due to

Fire & Allied perils including Earthquake at the Venue
Burglary & Theft at the Venue
Sudden, unexplained, unintimated failure of the Named Person (s) to appear for the Event on account of any of the following contingencies
Death of such Named Person(s)
Personal injury, either temporary or permanent, which renders the Named Person(s) incapable of appearing at the insured event
Illness resulting in hospitalization of the Named person

Damage to Property

Scope of Cover: Direct physical loss/ damage caused to property insured due to

Std. Fire & Allied Perils including Earthquake
Burglary & Theft

Personal Accident (Names to be declared)

Scope of Cover: Named person including Blood relation & relatives are covered against

Accidental death
Permanent partial Disablement
Permanent Total Disablement

Public Liability

Scope of Cover: Liability towards third parties for any accidents resulting in injury or damage occurring at the venue of the Event, in connection with the Event, during the policy period.

 

Main Exclusions: The Company shall not be liable for any liability arising due to

Pollution : Acts of God, earthquake, earth-tremor, volcanic eruption, flood, storm, tempest, typhoon, hurricane, tornado, cyclone or other similar acts or convulsions of nature and atmospheric disturbances
Deliberate, wilful or intentional non-compliance of any statutory requirements
Fines, penalties, punitive or exemplary damages or any other damages resulting from the multiplication of compensatory damages, or arising out of any criminal liabilities
Consequence of war, invasion, act of foreign enemy, hostilities (whether war be declared or not), civil war, rebellion, revolution, terrorism, insurrection or military or usurped power
Ionising radiation or contamination by radioactivity from any nuclear fuel or from any nuclear waste from the combustion of nuclear fuel, the radioactive, toxic, explosive or other hazardous properties of any explosive nuclear assembly or nuclear component thereof
Claims arising out of any motor vehicle or trailer temporarily in the Insured's custody or control for the purpose of parking. damage to property owned, leased or hired or under hire purchase or on loan to the Insured or otherwise in the Insured's care, custody or control other than Premises (or the contents thereof) temporarily occupied by the Insured for work thereon or other property temporarily in the Insured's possession for work
Loss or damage to the Visitors' clothing and personal effects
This is not an exhaustive list. For details, please Contact Us.

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