Special Event Liability Insurance (also referred to as CGL, Commercial General Liability or Spectator Liability) is an insurance policy designed to provide broad protection for situations in which an event holder or concessionaire must defend itself against lawsuits or pay damages for bodily injury or property damage to third parties. Host liquor liability is included if there is no transfer of money for alcohol.
The policy protects the person or business/organization under whose name it was purchased (the "Named Insured"). Your facility and any vendors for your event can also be added as Additional Insured's.
This policy also gives protection to the venue and or sponsors of the event by adding them to the policy as an additional insured. Examples, such as a slip and fall or damaged floors are covered by this type of policy. Exclusions do apply.
It covers both private and public events with over 500 different event types. Whether it’s a birthday party, anniversary or baby shower, organizing a thoughtful event requires meticulous planning, not to mention a lot of energy. So it’s no surprise that most people focus on the necessities and fail to consider the unexpected.
Here is a short list of events that can be covered:
· Street Festivals
· Weddings / Receptions
· Fireworks Exhibitions
· Sporting Events
· Car Shows
· Boat Shows
· And much, much more
Contact us and one of our specialist will be happy to assist you with the purchase of Special Event Insurance.