Event Cancellation Insurance

Protect your ticket investment with automatic refunds if events are cancelled

Secure Your Tickets Now

How Event Cancellation Insurance Works

Ticket protection powered by blockchain smart contracts

1
🎟️

Register Your Tickets

Enter your event details, ticket information, and purchase price to verify your attendance.

2
💰

Select Coverage & Pay

Choose your coverage level for cancellation, postponement, or venue change and pay the premium.

3
🛡️

Get Protected

Receive your digital policy confirmation. Your smart contract is now active on the blockchain.

4
💸

Automatic Payout

If the event is cancelled, compensation is sent directly to your wallet without filing a claim.

What We Cover

Comprehensive protection for all your event experiences

Complete Cancellation

Full reimbursement of your ticket value if the event is completely cancelled by organizers for any covered reason.

📅

Postponement

Coverage if the event is postponed beyond 30 days from the original date and you cannot attend the new date.

🏟️

Venue Change

Protection if the event venue is changed to a location more than 50 miles from the original venue.

🎤

Headliner Cancellation

Partial reimbursement if the main performer or headliner cancels their appearance at the event.

🌧️

Weather Disruption

Coverage for outdoor events cancelled or significantly disrupted due to severe weather conditions.

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Local Emergencies

Protection if the event is cancelled due to local emergencies, natural disasters, or government restrictions.

Events We Cover

Concert

Concerts & Music Festivals

Sports Event

Sporting Events

Theater Performance

Theater & Performing Arts

Conference

Conferences & Conventions

Exhibition

Exhibitions & Trade Shows

Comedy Show

Comedy Shows

Get Your Event Cancellation Insurance Quote

Protect your event tickets in less than 2 minutes. Enter your event details for an instant quote.

Protected Event Ticket

"When my festival was cancelled due to weather, I received a full refund automatically within hours. This service is a game-changer for anyone who buys expensive event tickets!"

— Michael T., Protected Event-Goer

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Understanding Event Cancellation Insurance

What is Event Cancellation Insurance?

Event cancellation insurance is a financial product that provides compensation when an event you planned to attend is cancelled, postponed, or significantly altered. It protects the money you've invested in tickets, which can often be substantial for concerts, festivals, and sporting events.

Our blockchain-based solution revolutionizes this coverage by eliminating the need for claims processes and providing instantaneous payouts when cancellations occur.

How Blockchain Changes the Game

Traditional event insurance typically requires you to submit claims, provide proof of purchase, and wait for processing—often with significant delays. Our blockchain solution uses smart contracts and event data oracles to automate the entire process.

When an event cancellation is officially announced, our system verifies this information across multiple sources, and the smart contract automatically releases your compensation. This eliminates administrative overhead, reduces fraud, and ensures you get your money back quickly when plans change unexpectedly.

Coverage Details

Our event cancellation insurance covers various scenarios depending on your selected coverage level. Basic coverage protects against complete event cancellation, while higher tiers include protection for postponements, venue changes, headliner cancellations, and more.

Coverage begins from the moment your policy is confirmed and continues until the event concludes. The compensation amount is predetermined based on your ticket value and coverage level, ensuring complete transparency about what you'll receive.

How Verification Works

When you insure your tickets, you provide basic information about the event which is securely stored in your policy's smart contract. Our system connects to multiple verified data sources including ticketing platforms, event organizer announcements, and venue information systems.

If cancellation occurs, these data sources confirm the status change, triggering the smart contract to release funds. This multi-source verification approach ensures accuracy while maintaining the speed and efficiency that makes blockchain insurance superior to traditional solutions.

Frequently Asked Questions

When should I purchase event cancellation insurance?

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You should purchase event cancellation insurance as soon as you buy your tickets. Coverage must be purchased at least 14 days before the event date, and before any cancellation or postponement has been announced.

Do I need proof of ticket purchase to buy insurance?

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Yes, you'll need to provide basic ticket information including confirmation numbers or ticket IDs. For some premium coverage options, we may request a copy of your ticket receipt to verify the value.

What happens if only part of a multi-day festival is cancelled?

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For multi-day events, our system calculates partial compensation based on the portion of the event that was cancelled. The exact percentage depends on your coverage level and the specific circumstances of the partial cancellation.

Are streaming or virtual events covered?

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Yes, we do offer coverage for virtual events and paid livestreams. However, coverage for these events is limited to complete cancellation and does not include technical difficulties or streaming quality issues.

What if I can't attend an event for personal reasons?

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Standard event cancellation insurance does not cover your inability to attend for personal reasons. However, we do offer a separate "Ticket Protection Plus" option that includes limited coverage for personal emergencies, illness, and certain other circumstances that prevent attendance.

How quickly will I receive my payout if an event is cancelled?

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In most cases, payouts are processed automatically within 24-48 hours of official cancellation announcement. The funds are sent directly to your connected crypto wallet without any action required from you.

Which cryptocurrencies do you accept for premium payment?

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We currently accept SUI, OP (Optimism), ARB (Arbitrum), USDC, and USDT. Payouts are generally made in the same cryptocurrency used for payment unless you specify otherwise.

Is there a maximum coverage limit?

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Yes, our standard coverage maxes out at $5,000 per ticket and $20,000 per event/transaction. If you need coverage for higher-value tickets or luxury events, please contact us directly for custom coverage options.

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