Event & Sports Insurance
Big events like wedding, sports tournament, and music concert require a lot of financial planning and investment for its successful execution. A lot of time and money is invested and you can suffer significant losses if you have to cancel or postpone the event in case of any unforeseen situation. So if you are planning an event, whether it’s a Live Concert, Award Ceremonies, 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.
No two events are the same, so building a policy that is right for your activity is where Vitality Insurance shine. Event insurance and especially sporting events are a specialty insurance that requires sound expertise to understand the specific risks associated with the event. Based on the risks perceived and associated with the event, a cover is suitably designed. Vitality Insurance can help you cover every possible scenario of any event by giving you the right Event & Sport Insurance solution.
Most big events require specialized stage equipment and expensive sets. This covers for loss of or damage to the props, set, stage, equipment arising out of fire, storm or mob violence .
Many times event managers only focus on risk involving event disruption and ignore the potential risk arising out of third-party liabilities. This covers all such third-party liabilities arising during the course of the Event by an Accident in the Premises where it is held.
Any big event involves lot of crew for execution. Event organisers can take Personal Accident policy which covers against Accidental Bodily Injury resulting in death or disability of an organising crew member during the course of the event
For any event to be a success, large amount needs to be spent on its Media coverage. A coverage or broadcast failure can lead to huge financial losses to organisers which need adequate cover
An event can have huge financial commitment dedicated to event rights and cost of tickets sold. Any adversity like spectator violence, mob riots, weather adversity can lead to event disruption or its postponement causing huge losses to the organisers which all can be insured by right cover
There are many variables involved in organising an event like cricket. A cricket match cover can be guided by series of parameter defining the loss.