Organising a party can be a big financial commitment, our buyer's guide can help you to find the right cover for your event.
Event insurance basics
When it comes to a big event there are a variety of things that might go wrong. Event insurance covers problems such as cancellation, damage to equipment and injury to guests. The cost will depend on the size and scope of the event, as well as the insurance company you choose. Each policy is different, and you should look for one that suits the event you're holding.
Buyer’s checklist
Here are some questions to ask yourself when searching for the perfect event insurance policy.
Will you be covered for cancellation and postponement?
Illness, blocked drains, three feet of snow... sometimes your event just can't go ahead, and you need to recover your expenses. Most event insurance includes cancellation and postponement cover. This should protect you in the event that something unexpected happens, but look carefully at the exclusions - the things the policy doesn't cover -before you decide.
You should also check the upper limits of the cancellation policy to make sure you'll get back all your costs.
Are you hiring expensive equipment?
If you're hiring equipment, such as a marquee, for your event you'll want insurance in case it's damaged or vandalised. Check that this is included in your policy, and that all the equipment you plan to hire will be covered. Greenbee Event Insurance offers marquee cover as an optional extra.
Will you be covered if a guest gets injured?
If someone hurts themselves at your event you could be held responsible and face hefty financial and legal concequences. Take out a policy that includes public liability insurance and you'll generally be covered for at least £1million in the event that someone gets hurt. Greenbee Event Insurance offers you a choice of £1million or £2million public liability cover.
How many people are attending your event?
Small events are cheaper to insure, so make sure you have an accurate idea of the number of guests. But think twice before going with a policy for your lowest estimate - it may limit the amount you can claim for equipment damage and cancellation costs.
Will you be insured for things you've already bought and booked?
If you've started thinking about insurance late in the day, make sure the policy will cover things you bought or booked before your policy start date. With Greenbee Event Insurance anything you've already booked or paid for will be fully covered.
How long do you need your cover to last?
If you're organising a party you'll generally only need cover for a day, but a fête or a show might last longer. Check whether this will cost more with your insurance company. Greenbee Insurance Cover lasts up to three days as standard.