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Event Cancellation Insurance

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Event Cancellation Cover

Event Cancellation NZ

Welcome to Gerrards, your trusted insurance broker in New Zealand. We specialize in arranging the perfect insurance coverage for your needs, from safeguarding your small events to protecting the most lavish and high-end occasions. Whether it's a cozy community gathering or a grand international conference, Gerrards is here to ensure your event is covered.

What Can Event Cancellation Insurance Cover?

Event Cancellation Insurance is designed to shield you from unexpected financial losses if your event cannot proceed as planned. This coverage can protect against a variety of risks, including fire, theft, accidental damage, and loss of use. It also covers lost revenue if your event is out of action, third-party damage, and legal costs associated with the cancellation or postponement of your event.

Event Cancellation Insurance Gerrards

How much does event cancellation insurance cost?

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Event cancellation premiums are calculated on several different factors including:

  • Types of cover selected
  • Sum Insured
  • Location 
  • Claims History 

Event cancellation insurance prices in NZ vary greatly depending on location, size and amount of cover. The typical guideline is between 0.6% and 0.9% of the total amount insured. 

How Do Claims Work?

At Gerrards, we understand the stress and disappointment that come with event cancellations. Our in-house experts manage the entire claims process on your behalf, advocating for your interests to secure the best and quickest resolution possible. With Gerrards, you can trust that you’re in capable hands, and we’ll work tirelessly to ensure you receive the support and compensation you deserve.

How to Get Your Event Insured?

Getting your event insured with Gerrards is straightforward and flexible, with multiple options to suit your preferences:

  • Apply Online: Visit our website and fill out the application form at your convenience.
  • Via Phone: Give us a call, and one of our friendly staff will guide you through the process.
  • Visit Our Office: If you prefer a face-to-face interaction, come by our office, and we’ll assist you in person.

What to watch out for with Event Cancellation insurance?

When considering Event Cancellation Insurance, here are five key points to be mindful of:

  • Specific Risk Coverage: Ensure your policy covers the specific risks relevant to your event, such as adverse weather conditions, non-appearance of key participants, or technical failures.
  • Policy Exclusions: Be aware of what your insurance does not cover. Some policies may exclude certain causes of cancellation, so it’s important to understand these details.
  • Notification Requirements: Familiarize yourself with the timeframe within which you need to notify your insurer about the cancellation or postponement of your event.
  • Premium Costs: Understand how the cost of your premium is calculated, including factors like the event size, location, and type of event, to ensure it fits your budget.

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