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19th March 2019

Marathon Event Organisers

Photo by IanWakefield1967 from Pixabay
Marathon runners

Marathon Event Organisers

In the modern day the desire to find new sporting events to define perfection in a physical form reaches its peak. A marathon is a physically challenging and uniquely enduring sporting event which has grown very popular with all age groups.

A huge 41,003 were enticed into the London Marathon in 2018 proving a great interest for the gruelling 26.2 mile run with 40,255 runners completing the race. Source

Completing, organising and making such a task happen is rewarding, satisfying yet also a big risk financially and medically both as an event organiser, a participant or even as a sponsor.

If you are organising a fun run, 10K, half marathon or full marathon have you ever considered insuring yourself against the possibilities of event cancellation, disruption or national mourning?

Fun run runners

Why do you need insurance for your event?

Your event could be abandoned, postponed or even relocated due to an unavoidable circumstance which is why it is vital to insure yourself against every possible calamity which may arise.

British weather is highly unpredictable so it isn’t the most unlikely possibility that strong winds, torrential rains or blizzards would harm the chances of your marathon or fun run taking place. Other unforeseeable natural disasters such as a flood may be unlucky enough to occur on the day of your event which is why it is imperative to gain cover before such a disaster strikes and cause catastrophic financial losses to yourself, your business and other business partners.

Bad weather/raining

Event insurance can also help protect you and your business against the following financial losses:

  • Lost expenditure.
  • Cost of advertising.
  • Loss of profit.
  • Return of charges.
  • Return of sponsorship.
  • Cost of minimising disruption.
  • Future event protection.

Every event organiser faces the risk of participants’ complaints and threats of wanting their money back, so wouldn’t it be much simpler to have yourself insured against such a hazard and have that weight lifted of your mind? Even the danger of sponsors demanding refunds, yes, we can also insure you for that too.

In addition to this event insurance can also provide extra cover for:

  • Agreed additional cost of avoiding disruption.
  • Cost of advertising those who need to know.
  • Other agreed additional expenses .
  • Cost of calculating claim.
  • Failure to vacate penalties.
  • Other obligations.
  • Future event protection.
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