share this article!

image courtesy of Getty Images According to Which?, there is confusion over the extent to which insurance protects those affected by Covid who have purchased tickets to concerts and other significant events. Because of the pandemic’s unpredictability, the consumer organization claims that ticket insurance has grown more appealing to individuals. Many concertgoers assumed they would be entitled to compensation in a variety of scenarios, according to the report. It did, however, caution individuals to read the terms carefully to discover what is covered. ‘We have tickets to a post-Covid festival,’ said the group. Concerts, festivals, and sporting events have all been canceled as a result of the pandemic. According to a Which? poll, one in every five people had tickets to an event that they couldn’t attend or that was canceled due to coronavirus between April 2020 and May 2021. Ticketholders should be granted a refund if they select local or national lockdowns, or mandatory self-isolation, according to competition officials. Hundreds of thousands of tickets for postponed shows are resting in the hands of UK music enthusiasts, according to a report by BBC News last month. In any case, there would have been no need to get insurance in those circumstances. Consumers, on the other hand, complicate the situation when they refuse to attend an event that may still take place because of government suggestion rather than a legal requirement. It’s possible that they’ll be advised not to travel outside of their immediate neighborhood. Which? found that not all of the insurance they looked at covered similar situations. “With more and more individuals enticed by ticket insurance during the epidemic, many don’t know what it would cover them for and may be buying insurance assuming it covers all Covid interruptions,” said Adam French, a consumer rights specialist at Which? Consumers should read the terms and circumstances carefully to see if insurance is worthwhile, and keep in mind that if an event is canceled or postponed due to lockdown rules, primary ticket sellers are required to provide a refund.” Many clients have been able to secure full refunds as a result of their ticket insurance, according to ticket insurers. Situations such as grief or redundancy may fall into this category at times. Finances of the individual MoneyInsurance There will be live music./nRead More

share this article!