Event Cancellation Insurance
One of the biggest risks of putting on an event, no matter what type of event it may be, is the risk of having it cancelled due to reasons beyond your control.
If your wedding venue was flooded due to a burst water main, or if the concert you are producing is called off because a landslide blocked the concert hall, then you will likely forfeit a number of irrecoverable pre-paid expenses.
CCW Global can help event organizers to mitigate the risk of having their event cancelled by providing comprehensive event cancellation insurance plans.
Risk Cancellation Exemption
Many event insurance plans will not cover cancellations which occur from a specified exclusion. Common exclusions in relation to Cancellation protection under a Hong Kong Event Insurance policy include:
- Non-Appearance of Persons
- Terrorist Attacks not at the event location
- Bankruptcy or insolvency of any business connected to the event
- Any strike which was announced prior to the purchase of the policy
- Social conflicts between the policyholder and/or the insured
- Communicable diseases or threats which result in a quarantine or travel advisory
Please not that it may be possible to obtain coverage for these exclusions, but that this normally occurs only on a case-by-case basis and are underwritten at the insurance company’s discretion.
Free Event Cancellation Insurance Quote
If you would like to receive a free quote for an event insurance plan which includes Cancellation coverage simply complete the short form located here. Once you have submitted your quotation request an expert CCW Global Insurance Broker will contact you directly to further discuss your coverage requirements.
Additional details about this quotation process can be found by clicking Our Event Insurance Quotes.
Further information regarding CCW Global, our Event Insurance Plans, and the products we offer can be requested by Contacting Us.
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In case of urgent assistance please call our office at (+852) 2114 2840 during business hours.