Missed Event Ticket Insurance: What You Need To Know

Ticket insurance is an optional service that provides coverage for missed events. For a small percentage of the ticket price, you can gain coverage that provides a refund for your purchase if you can't make it to the event for a number of covered reasons. These reasons may include serious unforeseen illness, traffic accidents, issues with your home or business, airline delays, and even termination of employment. Ticket insurance is offered by companies such as Allianz Global Assistance and XCover, and can be purchased during the event checkout process on websites like axs.com and Ticketmaster.

Ticket insurance covers unforeseen circumstances like illness, accidents, and travel issues

Ticket insurance is a safety net for those who want to protect their investments in seeing their favourite teams, acts and shows live. It is a small price to pay for peace of mind in case the worst happens.

In addition to illness, accidents, and travel issues, ticket insurance can also cover a range of other unforeseen circumstances. For example, some policies cover issues with your home or business, such as your home being rendered uninhabitable due to fire, flood, vandalism, or natural disasters. Some policies also cover the death of a family member or companion, work relocation, military duty, and jury duty.

It is important to note that ticket insurance policies vary, and it is always a good idea to carefully review the terms, conditions, and exclusions of your policy. For example, some policies may not cover pre-existing conditions or may exclude certain types of events. Additionally, ticket insurance typically does not cover situations where the event is cancelled or delayed by the venue or promoter.

Ticket insurance provides peace of mind and protects your investment in the event

Ticket insurance is an optional service that provides peace of mind and protects your investment in an event. It is a safety net for those who want to ensure they don't lose money if they can't attend an event for a valid reason. For a small percentage of the ticket price, you gain coverage that provides a refund for your purchase.

Ticket insurance covers a range of unforeseen circumstances, including serious illness, death in the family, travel delays, traffic accidents, issues with your home or business, and even termination of employment. This means that if you are unable to attend an event due to any of these covered reasons, you can get a full refund for your ticket, including taxes, fees, shipping charges, and other eligible event-related items.

For example, let's say you purchased tickets to see your favourite band perform live, but unfortunately, you fall ill on the day of the event. With ticket insurance, you can rest assured that you will not lose the money you invested in the tickets. You can simply file a claim with the insurance provider and receive a refund for the cost of the tickets.

Ticket insurance is especially useful for high-demand events with expensive tickets, such as popular sports games or concerts by famous musicians. It protects your investment in these often costly experiences, ensuring that you don't lose money if something unexpected happens that prevents you from attending.

While ticket insurance provides peace of mind, it is important to carefully review the terms, conditions, and exclusions of the specific insurance policy you purchase. Different insurance providers may have varying covered reasons for refunds, and it is essential to understand what your policy covers to ensure you are protected in case of an unforeseen event.

Ticket insurance is optional and can be purchased for a small percentage of the ticket price

Ticket insurance is particularly useful when you consider the average ticket prices for in-demand events. For instance, the average price for an NFL ticket is about $84, while seeing A-list musicians like Beyoncé, Billy Joel, or Paul McCartney can cost over $100 per ticket. With such high ticket prices, insurance can provide valuable protection for your investment.

It's important to note that ticket insurance does not cover you if you simply change your mind about attending the event. Additionally, there may be specific terms, conditions, and exclusions that apply, so it's essential to review the insurance policy carefully. When purchasing ticket insurance, you will typically receive a separate email containing your insurance policy number and certificate of insurance. This documentation outlines the covered reasons for a refund, as well as any relevant conditions and exclusions.

While ticket insurance can provide peace of mind, it's worth considering the likelihood of needing to miss an event due to unforeseen circumstances. Evaluating factors such as your health, travel plans, and the flexibility of your schedule can help you decide if ticket insurance is a worthwhile investment for a particular event.

Allianz Global Assistance offers a 24-hour hotline for medical, legal, and travel emergencies

Event ticket insurance is a safety net for those who want to protect their investment in seeing their favourite teams, acts and shows live. Allianz Global Assistance's event ticket insurance product, Event Ticket Protector™, provides coverage if you cannot attend an event for a number of covered reasons. These include serious unforeseen illness, traffic accidents, issues with your home or business, airline delays, and even termination of employment.

The 24-hour hotline connects customers to a multilingual team of problem-solving professionals who can provide assistance with a range of challenges, including medical emergencies, making new travel arrangements, retrieving lost baggage, transferring funds from home, replacing lost or stolen travel documents, and language translation/interpretation.

It is important to note that if a customer is facing a life-threatening situation or is a victim of a crime, they should call the local emergency services first. The 24-hour hotline is designed to provide assistance for travel setbacks and is not a replacement for emergency services.

Additionally, Allianz customers can manage their policies, file claims, and check on existing claims through their online website.

Ticket insurance covers a range of reasons for missing events, including illness, accidents, and family emergencies

Ticket insurance is an optional service that provides coverage for missed events. It is a safety net for those who want to protect their investments in seeing their favourite teams, acts and shows live. For a small percentage of the ticket price, ticket insurance provides a refund for your purchase if you can't make it to the event for a number of covered reasons.

In addition to financial protection, some ticket insurance providers offer assistance services. For instance, Ticketmaster's event ticket insurance includes access to the Allianz Global Assistance 24-hour assistance hotline, which provides multilingual support for medical, legal, or travel-related emergencies.

While ticket insurance can provide peace of mind, it is important to carefully review the terms, conditions, and exclusions of the specific policy. In some cases, you may be responsible for ensuring that you have received a policy email or confirming that the transaction has been successfully processed. It is also worth noting that ticket insurance may be the only option to receive the full value of your tickets on short notice, as reselling tickets may be prohibited or difficult to arrange within a limited timeframe.

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