The revenue from an International Federation’s World Championship and their other major events often form a significant part of their budget. However, circumstances may arise which could stop these events from proceeding as planned and have a significant financial impact – leaving you needing to recover your financial loss or outlay on costs and expenses through Event Cancellation insurance.
Whilst this policy covers “all risks beyond your control”, there are a small number of perils which are excluded as standard, one of which is communicable disease. This exclusion can be removed from the policy upon the payment of an additional premium. Insurers will not cover the threat or fear of communicable disease so this part of the exclusion remains.
Download the full bulletin
For further information, please contact Duncan Fraser, Head of JLT Sports on +44 (0)20 7528 4885