When King of Pop Michael Jackson passed away days before he was to make a comeback on the stage in London, the event organizers suffered a huge blow. Apart from returning millions of dollars to people who had bought tickets, they also needed to deal with a number of lawsuits. It was a big wakeup call for the music and event management industry that often tends to take things for granted. If there has to be a Case Study for the importance of Concert Insurance, this surely has to be one. As a musician or an event organizer you may not be as famed as MJ or work with artists of this stature but concert insurance is a must for everyone in the industry.
You Need To Plan For The Worst
As someone who plays at concerts or organizes them you always wish for the best weather, best crowds and everything else related to the event to fall into place. But it’s just a ‘wish’ and on many occasions things may not go according to the plan and this is where you need to plan for the worst case scenario. The weather may play spoilsport, the artists may not be able to make it to the venue due to some unavoidable circumstance or a fight may break up between two groups of fans.
Irrespective of what the situation is, you always need to be prepared and avoid being involved in legal issues regarding any mishap or injury happening during the event. This can not only spoil your name but can put you into unnecessary stress. Concert insurance will also cover the medical expanses of people who have suffered injury during the event.
Event Liability Insurance Protects Your Interests
Like music concerts if you are organizing any other personal or commercial event, it would be wise to get it insured using Event Liability Insurance. This type of insurance protects you against any kind of mishaps or other incidents and accidents that may occur during the event. There are a number of things that can go wrong in an event and lead to bodily injury for your guests and others attending the event. With event liability insurance you would be protected against third-party claims. It may also be mentioned that many venues put Event Liability Insurance as a pre-condition to let you host the event in their premises.
You Need To Plan For The Worst
As someone who plays at concerts or organizes them you always wish for the best weather, best crowds and everything else related to the event to fall into place. But it’s just a ‘wish’ and on many occasions things may not go according to the plan and this is where you need to plan for the worst case scenario. The weather may play spoilsport, the artists may not be able to make it to the venue due to some unavoidable circumstance or a fight may break up between two groups of fans.
Irrespective of what the situation is, you always need to be prepared and avoid being involved in legal issues regarding any mishap or injury happening during the event. This can not only spoil your name but can put you into unnecessary stress. Concert insurance will also cover the medical expanses of people who have suffered injury during the event.
Event Liability Insurance Protects Your Interests
Like music concerts if you are organizing any other personal or commercial event, it would be wise to get it insured using Event Liability Insurance. This type of insurance protects you against any kind of mishaps or other incidents and accidents that may occur during the event. There are a number of things that can go wrong in an event and lead to bodily injury for your guests and others attending the event. With event liability insurance you would be protected against third-party claims. It may also be mentioned that many venues put Event Liability Insurance as a pre-condition to let you host the event in their premises.
With more and more people wanting coverage during their events, insurance companies have come up with a number of types of insurance that take care of a number of events apart from your regular concerts. These include insurance for fairs and festivals, consumer shows, fundraisers, dances, meetings, luncheons, parties, weddings, concerts and more.
Before you buy a Concert Insurance or one that protects you during any other event, you must carry out some bit of research on the insurance company. Check out their ratings and also read the details of the plan especially the coverage area to make sure what you think to be important is covered in the plan.
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