Contingency Insurance Providers

Contingency insurance relates to the insurance of unpredictable, catastrophic losses. This is a specialty niche which is for one-time events or unique ventures which may never occur but if they did there could be a considerable cost. It arose out of the need to indemnify sponsors or promoters for the losses sustained as a result of events clearly beyond their control.

The various categories of Contingency Insurance are:

  • Event cancellation insurance
  • Non-appearance insurance
  • Weather-related coverages
  • Contractual bonuses insurance
  • Judicial delay coverage
  • Death & disgrace insurance
  • Prize indemnity insurance

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