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Can an event like singing or dancing performance by a singer, film star, be insured ?

Does it come under event management? Can a General insurance co insure the event? • What are the terms for marine insurance ? • Insurance of property? • Insurance of interest? (Loss arising out of breach of trust) • Insurance of liability ?(liability in case of product failure)

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Question added by Subhranshu Ganguly , Quality Analyst. , WIPRO
Date Posted: 2013/12/13
Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

There are several types of insurances depend upon the jurisdiction and insurance companies who are prepared to bear such risks as defined in your question.

Performance bond, etc. Suggest to check with International Insurance companies like ALICO (AIG) or AXA insurance

mukkur srinivasan varadhan
by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

Insurance companies are coming  out with novel policies nowadays.Interested persons can approach the insurance companies with the risks /perils against which they require insurance coverage.Insurance company can come out with the coverages with inclusions and exclusions and rate and charge appropriate premium asnd collect.

 In the instant case,the interested persons can approach insurance companies for coverages like fire for all the assets, loss due to cancellation due to the absence of the artistes etc., Policy can be designed and suitably worded. even management as a whole can be covered.

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