How to Get Concert Insurance That Suits Your Need

The life of an event manager is filled with excitement. When a person passionately organizes events, concerts and fundraisers, he can never be tired of his job. As important it is to enjoy life as an event manager, it is equally important to understand its perils and be prepared for the worst. Just as life isn’t a bed of roses, planning an event isn’t always easy. It can take days and even months to coordinate and plan everything meticulously to get things in order. Among the many things to consider while planning an event, one important consideration is getting an event liability insurance.

Importance of Insurance

If you are unsure why you need an insurance cover for your concert, read through the following situation.

You are planning the biggest concert in your area. It is touted as the next big event and can give your career the push you always needed. You have to get several things in place but you are equally worried about the many disasters that can ruin the concert. The crowds can complain of claustrophobia, there may be a stampede; the lighting may go offcausing the crowd to panic etc. Things can also go wrong with the artistes. Their instruments may get lost or be damaged, they may be bodily harmed and several other unpleasant things can happen to them. Can you foresee such things?Unfortunately you cannot. But you can be prepared if such things were to happen. You can be prepared bygetting concert insurance.
What to Check before Signing for Any Insurance

When you are convinced that you need to get the concert insured, you have to carefully pick the right cover. So how do you determine what’s right for you and what’s not. Make sure you cross-check the following points before you sign any insurance agreement –

•    Look for an event liability insurance company that offers different types of protection for different events. You shouldn’t get insurance for a sporting event instead of concert insurance. Note that there are different types of insurances for concerts, sporting events, festivals, television productions, music, live entertainment, broadcasting, theatre etc.

•    Don’t forget or hesitate to read the terms and conditions of your insurance policy before signingthe deal. The clauses mentioned in the insurance should satisfy you. If they don’t, talk with the insurance company and clear things out.

•    Try to go for a comprehensive insurance portfolio if you organize concerts regularly. However, if this is one-of-the-kind concerts, you can sign per-event insurance. In the comprehensiveinsurance portfolio, you get to combine liability, broad property, umbrella coverage and commercial auto. For one-time event insurances, you can get compensation to be paid to a third party for accidental bodily damage or injury.

•    Make sure that the insurance policy protects you in all forms of eventualities during the event. It should protect you against abuses, assaults and misconducts upto 5% of your chosen coverage. The insurance should be specifically designed to help you eliminate any financial burden rising because of escalating medical bills and civil litigation.