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Your guide to public liability and events

October 30, 2011 By admin

Much has been made of the importance of public liability insurance in relation to events in recent years. A wave of litigation and expensive settlements means that H&S and insurance are two very hot topics for anyone putting on an event nowadays and there are stringent laws and guidelines covering both.

The important thing for event holders is to distinguish between what is essential and regulated by law in terms of liability insurance and events, what is good, safe practice and what is simply inaccurate hysteria, often fuelled by an indignant media!

The hard fact is that litigation and personal accident claims are a fact of modern life. Very recent parliamentary action is starting to curtail the personal accident claims and ‘ambulance chaser’ industry, but events organisers still need to be covered and protected.

Public liability insurance basically covers any damages that are awarded to a member of the public, in the instance of them sustaining an injury at your event. It also covers legal fees, which can be prohibitively expensive if going through the court system, as well as expenses and costs. In some circumstances, it will also cover hospital treatment, including any ambulance costs (which the NHS may otherwise claim to you).

Premiums are based on the nature of the event, the number of anticipated attendees and a range of other factors, including any high risk elements planned for the day such as sports, horse riding etc. Policies are very much tailored to the applicant and the situation, so it’s well worth speaking to a qualified insurance advisor to ensure you’re taking out the right product. Use an independent advisor if you want to know they are searching the whole of the market, rather than simply products they will be paid commission for. Alternatively, use a comparison site to construct a quote from an array of providers, such as Public liability insurance. It will show all the latest offers and allow you to build a comprehensive quote based on your individual circumstances. The site also has facts and guides about the different types of insurance and you can apply directly online with the provider you choose, or contact them to discuss your needs.

You will find that many customers like to see that PL insurance is in place when events are being promoted. It offers extra peace of mind, so the bonuses go beyond simple adherence to law and it will be one thing off your list too.

Filed Under: Event Insurance Tagged With: , ,

The Importance Of Event Insurance?

January 27, 2011 By admin
Business Insurance

Business Insurance

Why do I need liabilities insurance? Well, every business requires liability insurance and events management is no exception in needing events insurance as there are potential risks involved in any kind of event, from a simple catered meeting to a large-scale live entertainment event. Every person at an event may potentially trip and fall and every piece of equipment used or brought onto site for the event runs the risk of getting damaged. If an unforeseen accident happens at your event, who pays?
As we all become increasingly aware of our legal rights, and with access to legal services become more widely available, more and more individuals and companies will resort to legal action to address any losses incurred either to property or as a result of personal injury. Such cases can be expensive so liability insurance is a practical necessity to anyone looking to hold an entertainment event.
Not only will event insurance cover the required Public Liability which is a requirement from either the local authority or venue (check first as they may have a specific minimum level of cover required) but also damage to property or equipment. This can become particularly essential if you become embroiled in action with a supplier for example and there are disputes over damage for expensive equipment.
Your liabilities insurance should also include Employers liability, which will cover any damages or claims incurred by staff employed for the event. Even if you are not paying anyone for helping out at the event, Employers Liability is a legal requirement as you have a responsibility to anyone working at such an event. Equally, there is also specific liability insurance available to non-profit organisations such as clubs and community groups who operate differently to commercial organisations.

Should you have to cancel or postpone your event, you may incur a number of irretrievable costs and liability insurance can cover you for this if the cancellation or postponement is due to reasons beyond your control (such as extreme weather conditions). This could run into thousands of pounds so good and comprehensive liability and events insurance will ensure your business is not damaged irreparably should you need to pay to cover any unfortunate events.

Filed Under: Event Insurance, How To Do Business, Setting Up A Business Tagged With: , ,