Event cancellation insurance is part of the event insurance family. This also includes event liability insurance, which you may already have, but should not be confused with cancellation insurance. Normal event insurance or event liability insurance covers claims for damages from third parties in the event of personal injury or property damage that occur during the organisation of an event, but not event cancellation. Cancellation insurance, on the other hand, protects organisers against financial disadvantages caused by the cancellation or interruption of an event.
Cancellation insurance for events insures an organiser against financial losses caused by a cancellation. This is because if an event is cancelled at short notice, booked suppliers still have to be paid or you are left with high cancellation costs.
The following cases are insured:
General terms and conditions of insurance >
General Terms and Conditions Event Cancellation Insurance >
Customer information according to VVG >
Reasons leading to an interruption or cancellation for which the organiser is responsible are not insured (e.g. poor or negligent planning).
Not insured are: