Why do Event Promoters need it?
Did you Know?
Event planners should consider Professional Liability insurance in addition to other coverage.
Events, Planning & Organization insurance covers a broad range of professions.
We help insure Planning and Organization professionals and we can also help insure your Special Events including (but not limited to):
Professional Liability Insurance (aka E&O insurance) – Events, Planning & Organization
If you are a full-time or part-time professional in the events, planning & organization space, expectations can be very high and attention to detail is critical. Thus, a dependable Professional Liability insurance policy is essential. A Professional Liability insurance policy may protect you when a customer or other third party is unhappy and looking for reimbursement due to the services or actions that you have provided.
A Professional Liability policy can cover yourself, your employees and your independent contractors from actual or alleged negligence, failure to perform, inaccuracy, bad advice and other common risks faced by planning, events and organization professionals.
As an example, travel agents are often accused of under-performing, wedding planners are blamed for failed wedding receptions and professional speakers could fail to show up on time. In all these occasions and many others, a Professional Liability policy could cover your defense costs and resulting damages.
General Liability – Events, Planning & Organization
A very common and important insurance requirement in the events & planning world is a General Liability insurance policy. It protects against claims of bodily injury or property damage and it includes medical cost reimbursement for injured parties. General Liability policies can also include Liquor Liability for individuals who are hosting the events.
Accidents and mistakes can happen when people get together and that is why General Liability is so important. Having the right General Liability insurance in place at the time of a loss is a critical component to protecting your assets.
Business Owner’s Policy (BOP) – Events, Planning & Organization
A Business Owner’s Policy (BOP) is a powerful insurance package that includes General Liability protection (above), plus the option to cover your business property, your non-owned business auto liability, business interruption losses and more.
For individuals or businesses in the event & planning industry, a BOP is a convenient and affordable way to protect their business against some of the industry’s common exposures.