Derangement (cancellation) risk of entertainments, recreative sports, cultural and public events insurance (non appearance)
Organization of any cultural events and shows requires long and meticulous preparation. And given all this, it is extremely frustrating when an event has to be cancelled for a reason outside of control of the organizing party. Who is liable to recover the rent of the event site, the cost of printing advertising materials and any other costs that have already been incurred? You will never be faced with any such problem is you refer to Ingosstrakh.
Our clients:
Organizers of various events, including concert tours of foreign performers, shows, theater performances, events for children etc.
We offer:
Insurance of property interests in the context of potential losses and costs arising if an event is caused to be cancelled or postponed by a factor outside the control of the organizing party.
An insured event is cancellation or postponement of an event for causes listed in the insurance contract, including:
National mourning announced in the territory covered by the insurance contract;
Fire, explosion or a natural disaster in the insured territory;
Bankruptcy of the organizing party’s contractor resulting in cancellation of the event;
An accident with or illness of the key performer or a person responsible for organization, preparation and hosting of the event;
Delay in transportation services or customs processing if not caused by the fault of the Insurant and/or its Contractor;
Breakdown/theft of equipment, stage property and the like if they cannot be recovered/replaced as soon as possible to let the event take place;
Other causes
Our Contacts
If you have any question or need any additional information, please do not hesitate to contact our Property and Liability Insurance Department:
