Contingency Insurance

These are policies designed to cover specific risks which are not covered by the client’s primary insurance policies.

It is a specialised market and some of the more common risks covered by a contingency policy would include;

Event cancellation – protection against cancellation, postponement, abandonment and interruption. ie. an exhibition, sports event or similar.

Non appearance – provides cover against death, accident, illness or unavoidable travel delay of a speaker or performer. ie. a concert, conference etc..

Prize indemnity fund – protecting the clients contractual liability to award a prize in the event of a successful attempt in a specific competition. ie. hole in one etc..

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