OREANDA-NEWS. Ingosstrakh Insurance Company provides insurance against the risks of cancellation of the Stromae concert which is to be held in Moscow on December 12, 2014 in Crocus City Hall. The concert is organized by SAV Entertainment Group and the Russian Show Center.

The contract of insurance against the risk of cancellation of the concert provides coverage of organizer's losses which may result from the cancellation of the event due to the reasons other than organizer's fault, impossibility to use the concert venue because of its damage (e.g., as a result of a fire), illness of the front man or other members of the group, or an accident due to which the group is unable to perform, a terrorist attack, a national mourning, etc. If the above mentioned events occur, Ingosstrakh Insurance Company will indemnify organizer for the expenses involved in the rental of the concert hall, advertising, tickets printing and sale, etc.

Ingosstrakh Insurance Company has extensive experience of this type of insurance: it insured concerts of such world famous performers as Elton John, Britney Spears, Paul McCartney, Simply Red, Scorpions, Depeche Mode, Metallica, U2, Charles Aznavour, Roxette and many others.