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Introduction to Event cancellation Insurance

This course provides an overview of event cancellation insurance, covering the basics of what is typically included in a standard policy, exclusions, common add-ons/extensions such as national mourning cover and terrorism coverage, and the rating basis and underwriting information requirements for such policies.
Duration:
2 hours
Max delegates:
10

Course price:
£600 + VAT

About the course

This course provides an overview of event cancellation insurance, covering the basics of what is typically included in a standard policy, exclusions, common add-ons/extensions such as national mourning cover and terrorism coverage, and the rating basis and underwriting information requirements for such policies.

There will be a maximum of 10 delegates.

The course is delivered by a Certified On-Line Learning Facilitator (COLF) who is an ACII, Chartered Insurance Broker, with over 45 years insurance experience.

Course Content

      • Introduction to Event Cancellation Insurance
        • Definition and Purpose
        • Importance of Event Cancellation Insurance

      • Coverage Overview
        • What is Covered by a Standard Policy
          • Event Cancellation
          • Postponement
          • Abandonment
        • Examples of Covered Events
        • Limits and Deductibles

      • Exclusions and Limitations
        • What is Not Covered
          • Acts of God
          • Contractual Disputes
          • Venue Issues

      • Common Add-Ons/Extensions
        • National Mourning Cover
        • Terrorism Coverage
        • Communicable Disease Coverage
        • Weather-Related Extensions
        • Riot/Civil Commotion
        • Computer System Failure

      • Rating Basis and Underwriting Information Requirements
        • Factors Affecting Premium Calculation
          • Event Type and Size
          • Location
          • Historical Claims Data
        • Underwriting Process
          • Information Gathering
          • Risk Assessment
          • Policy Issuance

      • Future Trends and Emerging Issues
        • Evolving Risks in Event Management
        • Impact of Technology on Insurance Solutions
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