This solution protects against pecuniary losses due to the cancellation, abandonment, relocation, or postponement of an event—such as concerts, shows, trade fairs, public and private parties, and sporting or cultural events in general. The policy guarantees the reimbursement of costs incurred, net of actual revenue, in the event of cancellation due to unforeseen and fortuitous circumstances. It can also include cancellation caused by the non-appearance of an artist, earthquake, terrorism, adverse weather conditions, national mourning, or communicable diseases.
Guaranteed indemnification in the event of cancellation.
