What is Event Insurance and Why is it Necessary

Imagine that your company is hosting an annual fundraiser and youre holding an event. Youve tackled everything from booking to signing contracts to lining up entertainment and beverage service. Unfortunately, at the last minute a storm creeps in and affects inbound percdevelopment.com flights to your area. Now you have to cancel or rain check your event. Not only will your business suffer you could be out a good deal of money. Cancelling any major event can cost your organizations thousands if not millions o…