
Event Cancellation insurance – covers the financial risk if an event is cancelled
Balticfinance offers tailored insurance concepts that protect the organiser or artist against the financial risk associated with high expenses for organizing or advertising if an event is cancelled. Various types of events can be insured, e.g. sports events, concerts, tours, weddings, big celebrations and other rmajor events. The Event Cancellation insurance protects the insured against risks such as bad weather, terrorism, national mourning, non-appearance of a key person e.g. due to illness or death and considerable damage to property. There are only few exception that are explicitly excluded in the contract.