For event planners, ensuring the success of their events goes beyond just organizing and coordinating various elements. It also involves protecting themselves against potential risks that could arise during the planning process or at the actual event. This is where event planning insurance comes into play. In this article, we will delve into the different types of insurance coverage that event planners should consider, as well as provide insights into costs and how to obtain a quote.

Types of Insurance for Event Planners:

1. General Liability Insurance:

General liability insurance is an essential policy for event planners as it provides coverage against claims arising from property damage, injuries, or accidents that occur during an event. This type of insurance protects you in case someone gets injured or if there's damage to third-party property (such as venues) due to your negligence.

2. Commercial Property Insurance:

Commercial property insurance covers your business assets such as equipment, office furniture, inventory, and other physical assets in case they are damaged or destroyed due to fire, theft, vandalism, or natural disasters like floods or earthquakes.

3. Workers' Compensation Insurance:

If you have employees working for you during events – whether they are full-time staff members or temporary workers hired specifically for a particular occasion – workers' compensation insurance is crucial. This policy provides coverage for medical expenses and lost wages in case an employee gets injured on the job.

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Additional Specialty Coverages:

Depending on your specific operations and needs, there may be additional specialty coverages available tailored to suit your requirements:

Cyber Liability Insurance: With increasing reliance on technology for registration systems and online payments processing platforms used by many event planners today, cyber liability insurance can protect against data breaches and cyber attacks.

Professional Liability (Errors & Omissions) Insurance: If you provide professional advice related to venue selection, contract negotiations, or any other aspect of event planning, professional liability insurance can provide coverage in case a client claims financial loss due to your errors or omissions.

Liquor Liability Insurance: If you are planning events where alcohol is served, this policy protects you against claims arising from accidents or damages caused by intoxicated guests.

Costs of Event Planning Insurance:

The cost of event planning insurance varies depending on several factors such as location, size of the business, payroll expenses, sales volume, and experience. On average, a standard general liability insurance policy coverage worth Rs 50 lakh is available at just Rs 5000*

However, it's important to note that these figures are only estimates. To get an accurate quote tailored specifically to your business needs, it is best to contact our BimaKavach liability and asset experts who specialize in event planning coverage.

How to Obtain an Event Planning Insurance Quote:

It’s simple. Submit your details. And we are here to help you. Our experts will have a detailed discussion with you and brief you about all the aspects associated with this insurance policy. It will help you to make the decision with ease.


As an event planner, it is crucial not only to focus on creating memorable experiences but also protecting yourself against potential risks that could arise during events or throughout the planning process itself. General liability insurance, commercial property insurance, workers' compensation insurance, along with additional specialty coverages like cyber liability or professional liability policies should be considered based on individual circumstances. While costs vary depending on various factors unique to each business entity, reaching out to specialized insurers will ensure accurate quotes tailored specifically for your operations.

Investing in comprehensive event planning insurance provides peace of mind knowing that you have taken necessary steps to protect your business and reputation, allowing you to focus on what truly matters – creating exceptional events.

**The estimated premium mentioned above is calculated under ideal conditions. The actual pricing will vary based on the specific information provided by the insured.