Insurance

Insurance

Insurance is an important part of event safety. Good planning helps reduce potential risks. On this page, you will find basic information about event insurance needs and different insurance options.

 

What Insurance Does an Event Organizer Need?

The insurance requirements depend on the nature of the event, the number of participants, and the organizer (individual, company, or association).

Since there are no universal rules, it is best to contact an insurance company, which can recommend the most suitable insurance policies for your specific event.

1. Liability Insurance

  • The most common insurance for event organizers is liability insurance, which is recommended if the event could potentially cause harm to people or property. The nature of the event determines the need for liability coverage. In some cases, the police may require liability insurance as a condition for approving a public event permit.

2. Accident Insurance

  • If the event involves volunteers, staff, or hired employees, accident insurance is crucial to ensure safety. For paid employees, accident insurance is legally required by labor laws. Voluntary workers are not required to be insured, but it is highly recommended.

3. Property and Equipment Insurance

  • If the event includes valuable equipment or items (e.g., presentation technology, exhibition items), it is important to clarify who is responsible for insuring them.

 

How to Assess Your Insurance Needs:

1. Identify the Risks

What could happen? Injuries, weather impacts, technical failures, or property damage?
Guidelines from Tukes can help in identifying potential risks.

2. Consult Experts

Event industry organizations, municipalities, and rescue authorities can provide recommendations on risk management and insurance needs.

 

3. Evaluate Which Insurance Policies You Need

  • Accident Insurance – If paid employees and volunteers are involved
  • Liability Insurance – If the event may cause damages
  • Property Insurance – For equipment, rental items, and structures
  • Event Cancellation Insurance – In case the event needs to be unexpectedly canceled

4. Get Unbiased Advice

FINE can assist in comparing insurance options and interpreting policy terms.

 

5. Request Quotes and Compare Options

Ensure that the insurance covers event-specific risks and that the terms are clear.

 

Remember: Well-chosen insurance policies enhance safety and provide peace of mind when organizing an event!