
Cover for Errors and Omissions while rendering Professional Service
WE CARE - we have strived to see the world through our clients' eyes. We are simply there for you - through good times and bad.
Today, organising events like weddings, sporting events, concerts,
exhibitions, convention requires tremendous amounts of efforts and money.
However, unexpected situations and accidents do happen and this may leads to
cancellation of event.
A cancellation of the event due to any sort of unforeseen circumstances
leads to losses to the tune of crores of rupees.
In such cases, an Event Insurance Policy can save you from such losses.
Qian is an experienced insurance broker for Event Insurance Policy. Qian can offer a comprehensive package policy for insuring your upcoming event.
An Event Insurance Policy is a package insurance policy providing coverage for various risk exposures associated with organizing an event. The Event Insurance Policy provides reimbursement for Insured Expenses, which are budgeted and declared by the Insured and incurred directly on account of the Insured Event.
Event Insurance Policy is also known as Event Cancellation Insurance since the Policy insures the risk of Event Cancellation.
The Policy provides coverage under 4 sections:
Section I: Event Cancellation: The Event Cancellation section of the Event Insurance Policy reimburses the Insured Party for any irrevocable insured expenses incurred because of cancellation of the event.
Section II: Material Damage: The Material Damage Section of the Event Insurance Policy reimburses the Insured Party for any damaged caused to sets, costumes, props etc which are installed at the venue of the Insured Event on account of fire and allied perils.
Section III: Personal Accident: The Personal Accident Section of the Event Insurance
Section IV: Public Liability: The Public Liability Section of Event Insurance Policy indemnifies the Insured against the legal liability for accidents resulting in Bodily Injury or Property Damage at the venue of the Insured Event.
An Event Insurance Policy can be suitable for the following events:
The Event Cancellation Section of Event Insurance Policy provides the following coverages:
The Event Cancellation Section indemnifies the insured against Insured Expenses irrevocably incurred by the Insured because of cancellation of the insured event due to:
Delay of the Named Person's flight by more than 24 hrs from the scheduled arrival time at an airport nearest to the venue.
An Event Insurance Policy reimburses the Insured Expenses to the Policyholder on account of event cancellation. "Insured Expenses" shall mean all costs, including overheads, incurred directly on account of the insured event, as may be budgeted and declared by the Insured.
The Material Damage Section of the Event Insurance Policy indemnifies the Insured against damage caused to sets, costumes, props, wardrobe, related equipment and other assets belonging to the Insured or leased, rented, or hired by the Insured whilst such property is stored, fixed, installed or in use at the Venue of the Insured Event or even in transit to the venue, due to following risks:
Public Liability Insurance Coverage will cover the Insured Party against the legal liability of the Bodily Injury and Property Damage at the venue of the Insured Event in connection with the insured event during the Policy Period.
The Policy will pay compensation including claimant's costs, fees and expenses anywhere in India, in accordance with Indian law.
Personal Accident Section of the Event Insurance Policy provides cover and compensates the Insured for accidental death, Permanent or Temporary Disablement. The amount of compensation provided as per the type of disablement listed below:
Exclusions under the Event Insurance Policy are as follows: | |
---|---|
Loss or Damage due to Wear and Tear | Cancellation of Event due to unavailability of required permissions |
Intentional or Deliberate Damage to Property |
Cover for Errors and Omissions while rendering Professional Service
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Qian is an experienced insurance broker for Event Insurance Policy in India.
We have insured multiple events across the country.
Our dedicated team will assist you with the best quotes for event insurance.
If you wish to purchase an Event Insurance Policy, please email us at insurance@qian.co.in or call us on 📞 022-35134695 📞 022-35134695.
Testimonials
Average Customer Rating:
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Hemik of Qian is knowledgable, prompt and very professional - highly recommended. I had to claim for a critical illness under my health insurance policy and Qian’s assistance with the claims process and advice on how to deal with the insurer was invaluable.