Business Events Need Protection

Business Events Need Protection

Is your business planning to host an event for colleagues and/or employees this year? If so, make sure this nice idea isn’t spoiled by an expensive insurance claim.

There are a few questions to consider. Will your event involve the service of alcohol? Will there be prepared or catered food? Will there be some type of entertainment? Are the folks providing such services adequately insured? Did they sign an agreement that clearly states their responsibilities, including providing proof of insurance?

Think of it this way: you wouldn’t want to hire a contractor to perform work on behalf of your business without first verifying the contractor is insured. What if his work caused damage or injury or he hurt himself? The same thought process should be applied to the hiring of vendors, caterers, temporary staff and any other organization that will participate in your event, regardless of how big or small it is.