Hakuna Matata: event insurance for schools in Vietnam
Schools must prioritise the safety and well-being of their students at all times. Extra-curricular events bring enormous benefits for children, teachers, and parents alike, but they do expose schools, staff, students, and visitors to additional risks. Infinity’s event insurance for schools in Vietnam means that your establishment can organise events worry-free – Hakuna Matata!
Extra-curricular events in schools in Vietnam: the risks
Extra-curricular events, from sports days, swimming galas, and theatre performances to school fêtes and open days, are hugely beneficial to schools, teachers, and their students. They provide opportunities to foster new relationships, develop new skills, improve school engagement, and have fun. But they aren’t risk-free.
Events must be carefully planned, managed, and monitored to ensure that all staff, pupils, and visitors are not exposed to health and safety risks. An in-depth risk assessment and safety plan should always be carried out covering issues such as fire management, safeguarding of students, equipment safety etc.
Nevertheless, however well an event is planned, accidents can and do happen and these may have serious health and safety implications as well as liability issues that could lead to severe financial consequences.
Potential consequences of an incident at a school event include:
- A legal suit against the school or its directors and officers
- Expensive liability claims
- Damage to costly assets
- A loss of reputation for the school
To protect against these consequences, Infinity proposes Hakuna Matata event insurance for schools.
Hakuna Matata means ‘no worries’, and this insurance enables schools to organise events worry-free. Whatever happens at their extra-curricular events, the risk of serious financial implications for students, parents, the school or its officers is mitigated.
Event coverage for schools in Vietnam: what is covered?
There are three main elements to Infinity’s Hakuna Matata policy:
- Property protection
Picture the scene: An external company brings in state-of-the-art audio-visual equipment for an open day. A hapless child finds their way through a barrier (kids will be kids!) and trips over a wire, falls into the equipment and sends it crashing to the floor.
Whatever unforeseen disaster occurs involving the theft, damage or loss of property at your event, you’ll be covered with Hakuna Matata insurance for schools.
- Liability
Of course, schools must take all reasonable steps to ensure that attendees of any event – whether it be an after-school club or a school disco – are kept safe from harm. Unfortunately, incidents can still happen.
If an event attendee suffers an accident or injury at the event, for example as a result of faulty electrical equipment or food poisoning, they could make a legal claim against the school. This could result in the establishment having to pay compensation for the injury and related costs, which can mount up very quickly.
The liability element of Infinity’s insurance for schools protects educational establishments against costly legal liabilities related to compensation claims stemming from accidents and injuries incurred during events. It helps safeguard the school’s financial interests and reputation.
- Personal accident
If an incident at an event results in bodily harm or, worst-case scenario, loss of life, personal accident cover guarantees that medical expenses, rehabilitation costs and other related financial costs are covered by the insurer. This would include death benefit payouts and permanent disability coverage to ease the burden on both the individual affected and the school.
Event insurance for your school in Vietnam
If you are a headteacher, director, or board member of a school in Vietnam and you organise extra-curricular events, comprehensive event insurance is non-negotiable.
You’ll appreciate the peace of mind Infinity’s Hakuna Matata event insurance for schools provides whether you’re organising single or multiple events for your school. With comprehensive cover in place, you can focus on making your event run smoothly in the knowledge that staff, pupils, visitors, and the establishment itself are protected.
Contact our insurance expert in our Vietnam office for more information and to put event insurance in place for your school.
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