Is it possible to cover the possibility of cancellation of an event due to weather conditions?
Yes, this is one of the contingency areas. The loss suffered as a result of cancellation of an event due to the agreed weather conditions (e.g. the amount of rain, the storm wind speed, etc.) can be insured. The insurance covers the actual expenses incurred by the organiser of the event due to the loss event, but does not compensate the expected profit of the organiser.