Cancellation, Abandonment & Non-Appearance Insurance

Coversure is well aware of the effort and expense required to organise and stage events, from concerts, theatre productions, sporting events and major conferences and exhibitions.  Not only have your clients committed to many hours of hard work but these events involve considerable financial outlay including:

  • publicity, advertising and marketing costs
  • hire of equipment
  • purchase of perishable goods
  • venue hire
  • printing costs
  • tour and accommodation costs

How would your clients fare if their events or activities had to be cancelled or abandoned?  Instead of a healthy return, they may be facing financial disaster!

Coversure's cancellation, abandonment and non-appearance insurance product offers the perfect safety net.  It covers loss of total expenditure or gross revenue (including profit) that results from the cancellation or abandonment of an event due to circumstance outside of your clients' control.

Loss of, or damage to a venue, denial of access to a venue, utility failure, power failure, non-appearance of key persons, and severe adverse weather are typical of the risks we cover in our Cancellation, Abandonment and Non-Appearance product.

A typical claim example is an outdoor event that is abandoned due to severe adverse weather leading to local authority concerns that it would be unsafe for the event to continue.

Coversure is also pleased to offer Prize Indemnity insurance.

Our Cancellation, Abandonment and Non-Appearance insurance is underwritten by Lloyd's of London, the world's leading insurance marketplace.

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