Events Insurance Information
Special Event Liability Insurance is available to organizations who sponsor or participate in one-time or annual fund raising, social or recreational activities. These events can be as simple as a company picnic or as extreme as a Rap/Hip Hop Concert. This insurance may be added to your organization’s annual general liability policy, or may need to be purchased separately, depending on your existing coverage and the nature of your event.
Special Event Insurance is intended to cover unforeseen accidents. For example:
A cultural dance group invites its members to a performance in a public park’s outdoor auditorium. The steps to the auditorium have been washed clean by eager volunteers prior to the performance. The concrete is still wet and slippery. An elderly patron slips on the step and falls, breaking his hip. The claim to the organization is very costly, and the man is severely injured.
A nonprofit holds an annual health fair in a parking lot, inviting other nonprofit's to come pass out their literature to 5000 fair attendees. Temporary booths are set up, one serving hot coffee and bagels for the guests. While a booth volunteer is speaking with a guest, a small child bumps the table and a 32-cup coffee maker spills, scalding the child.
In addition to traditional risks of bodily injury, there are also issues arising from the use of food service or catering (food spoilage, contamination), alcohol service (intoxicated/ underage patrons), entertainment (damaging property to rented premise), transportation and parking (valet coverage), and special needs (catering to patrons with disabilities).
It is important to properly plan for such an event. For more information on insurance for your event, please call us at 678.523.6559 or email email@example.com.
Weather Insurance products such as rain insurance, snow removal insurance, income stabilization, temperature insurance, wind insurance, lightning insurance, severe adverse weather and event cancellation insurance allow everyone the ability to control the financial risks associated with adverse weather.
“Weather Proof Your Event” by obtaining a weather insurance program that is tailored to meet your specific budget needs. To learn more about our specialty weather insurance coverages please select a product of interest or contact Integrity Insurance Partners, Inc. at 678.523.6559 or email firstname.lastname@example.org.
Prize indemnity insurance is indemnification insurance for a promotion in which the participants are offered the chance to win prizes. Instead of keeping cash reserves to cover large prizes, the promoter pays a premium to an insurance company, which then reimburses the insured should a prize be given away.
One of the earliest and most common forms of prize indemnity insurance is hole-in-one insurance, which began to gain prominence during the early 1980s. Hole-in-one insurance, often purchased by a golf tournament host or sponsor, reimburses tournament organizers for the cost of awarding a hole-in-one prize in the event a tournament participant successfully hits a hole-in-one during the tournament.
According to the newspaper USA Today, the odds of an amateur golfer hitting a hole in one are about 1 in 12,500. These low odds allow golf tournaments to offer expensive prizes to golfers able to hit a hole-in-one during tournament play. In order to be able to afford such expensive prizes, tournament hosts can purchase prize indemnity coverage to protect themselves from having to pay for the prize from their own funds.
In addition to hole-in-one insurance for golf events, prize indemnity insurance companies typically offer coverages for other types of contests as well. For example, contest coverage can frequently be purchased for contests such as half-court shots in basketball, field-goal kicks in football, home runs in baseball and blue-line goals in hockey. Such coverage is frequently purchased for contests at high-profile events such as the Super Bowl, World Series, NBA Finals, and many all-star games.
For questions or Prize indemnity quote information, please call 678.523.6559 or email email@example.com.
Event Cancellation Insurance may be necessary if there is any likelihood at all that your event is going to be cancelled or postponed, no matter how slight the chance, then you should get event cancellation insurance. Event cancellation insurance insures against losses caused by one peril or another, including but not limited to:
-earthquakes, floods and tsunamis,
-terrorist acts that damage the venue for the event,
-non appearance of performing artists,
-venue for the event is deemed unusable.
Eligible programs for event cancellation are events that last up to 90 days and with budgets equivalent to or less than $1 million. The venue for the event should be within the United States or its territories. For questions or quote information on Event Cancellation insurance, please call 678.523.6559 or email firstname.lastname@example.org