Sports Event Insurance
Sporting events are highly unpredictable. With all of the work that goes into hosting, organizing, sponsoring, and broadcasting a game, the need for sports event insurance cannot be emphasized enough. Sports insurance can help protect the organizer and other involved parties from financial losses – including the loss of revenue – if your sporting event is cancelled or postponed.
Insurance plays a major role "behind the scenes" of major sporting events. Event cancellation insurance and event liability insurance helps provide necessary confidence for all of the organizers involved, from the business managers and players to the sponsors. Protection from liability in the result of cancellation means that organizers can host a sporting event without the fear of losing their profit and investment.
Due to the complexity of organizing a sporting event, significant financial investments are made by many parties. Protection from losses makes event insurance a practical solution for the unpredictable nature of sports and the weather.
Event insurance offers sports event insurance coverage in the case that the venue is damaged, the players or other parties go on strike, inclement weather or a power outage occurs, or another form of liability causes the cancellation or postponement of the game.
A qualified insurance agent from Hays Companies can help you choose a plan that works best for your situation. Working with a specialist that has experience covering sporting events will allow you to assess whether your plan should focus on protecting costs associated with hosting the event or against future revenue losses.
Sporting events take time, dedication, and energy to plan. Make sure that your hard work does not go to waste. Protect your athletes, managers, organization, and yourself with an EventGuard event insurance plan.
To learn more about sports event insurance and how the program EventGuard can help your organization, do not hesitate to call 877-936-0154.