☔️ Sponsor Insurance
❓What is it?
To comply with venue contractual regulations, all sponsors participating at HLTH Europe are required to have Public Liability (PL) Insurance.
- The level of cover required (as outlined in sponsor contracts, has been set at €2m
- PL insurance is designed to protect against 3rd party bodily injury and/or property damage claims
- To assist sponsors we have appointed InEvexco to provide a solution in which exhibitors have the option to benefit from Public Liability, Exhibitor Expenses Cover and Exhibitor Property cover. Please see full information here
- This is titled the Insurance Participation Fee and there is a one off payment of €100
- The Insurance Participation Fee will be added to all booth/meeting space invoices automatically
If a sponsor does not wish to participate in the policy issued to HLTH Europe, they need to upload a copy of their existing Public Liability insurance to InEvexco’s portal and if your documents are deemed adequate as per our terms and conditions, the Insurance Participation Fee will be credited on their invoice (or refunded if paid). Please see full information on this process on point 9 of this link.
❓I don't need this cover, why should I pay the Insurance Participation Fee?
It is a contractual agreement that all sponsors have Public Liability cover to €2m, the Insurance Participation Fee gives all sponsors the option to pay to participate in HLTH’s insurance policy. If you have suitable cover already, we’ll credit/ refund you the Insurance Participation Fee as soon as the Public Liability insurance document has been approved as adequate by InEvexco.
However as you can see on section 9 of the Exhibitor Rules and Regulations, the insurance participation fee allows you to benefit from Public Liability cover as well as additional covers
❓Is this just a way to make money?
No, we have worked with InEvexco to offer a solution to assist exhibitors/sponsors in satisfying their contractual regulations surrounding insurance. By allowing exhibitors/sponsors to participate in HLTH’s insurance policy, they are also able to benefit from further covers which may be otherwise difficult to source.
❓Insurance is included in my booth cost at HLTH USA, why do I need to pay it for HLTH Europe?
Due to HLTH Europe holding a UK issued insurance policy, there are regulations that must be adhered to. InEvexco Ltd are a UK registered insurance broker and as such, are regulated by the Financial Conduct Authority. The Financial Conduct Authority stipulate that insurances of any kind must be taken up by choice, this is why the Insurance Participation Fee is offered to all exhibitors/sponsors (by having it included on your stand invoice) and exhibitors/sponsors then have the option to provide proof of their own Public Liability insurance cover if they do not wish to benefit from the Insurance Participation.
❓Who are InEvexco and why are you using them?
InEvexco are a very experienced insurance broker within the exhibitions and events industry, working with companies to provide cover on events globally. They are also the brokers arranging cover for our own insurance policy for the event.
➡️ Insurance Participation Fee process
Exhibitor Rules and Regulations can be found here