The world of insurance is constantly changing and expanding, with new insurance products becoming available all the time, not least within the realm of property insurance. But one type of insurance that you may not be familiar with is that of 'street party insurance', or similarly titled products.
The Queen's Diamond Jubilee is not far off, and with it has come the appearance (or re-emergence) of insurance for street parties. It should be noted first of all that such an insurance policy is not required in order to hold a street party, but some organisers are considering taking one out.
Local councils have so far reported that 3,500 applications for street parties have been received, with countless others planned for private venues and pieces of land.
While taking out a specific insurance policy for such an event may seem a little over the top to some, the Association of British Insurers have put together a checklist for organisers as regards insurance and safety, which can be downloaded from the following link: http://www.abi.org.uk/Information/Consumers/61567.pdf
Among the pieces of advice it offers are: ensure the planned venue can handle the number of people expected, and check if entertainers - such as bouncy castle firms - have suitable insurance. They also suggest finding out who is responsible for policing fire and personal safety measures, and whether or not the venue possesses public liability cover.