Event Cancellation and Abandonment Insurance
IIHF Divisions World Championships · Host Regulations · Championship Planning · Insurance And Security
41.1The Host shall, at its own expense, secure and maintain comprehensive insurance coverage with an insurer of recognized international standard to cover all risks of the ascertained net financial loss (revenue, costs) arising from any cancellation, abandonment, postponement, interruption, curtailment relocation of the Insured Event (in whole or in part).
41.2The Event Cancellation Insurance shall provide cover to any cause beyond the control of the Host pr the IIHF for the risk of:
a.Cancellation: means the inability to complete the Insured Event prior to commencement;
b.Abandonment: means the inability to complete the Insured Event once commenced;
c.Postponement: means the unavoidable deferment of the Insured Event to another time;
d.Interruption: means a temporary delay in the completion of the Insured Event after it has been commenced;
e.Curtailment: means a reduction in the length of the Insured Event from that which was originally planned; and
f.Relocation: means the unavoidable removal of the Insured Event to another place.