The cost of such an event is protected by the payment of fixed costs and expenses paid by the insured person in respect of wages and social security, rent, advertising and other similar expenses for the organisation and development of the show or event and which were not recoverable.
For this insurance there are different coverage that according to the characteristics of the event may be of interest to the insured, such as the occurrence of adverse weather events (basic coverage), unforeseeable causes beyond the will of the insured, or the artist’s failure to appear.
The policy covers are R.C. Professional, R.C. Exploitation, R.C. Leasable, R.C. Subsidiary, R.C. Employer, R.C. Productss, R.C. Assembly of structures, and Defense and Bonds