How to Insure Corporate Outings like NHL Playoff Games
When corporate employees attend NHL playoff games, there's a lot to consider beyond the excitement of the event and team building. You don’t want to overlook insurance coverage to protect your employees.
Here's what you need to know about insuring outings to NHL hockey playoff games and other corporate outings and events.
Corporate events, even just a simple team reward outing or networking event, come with risks, including:
Accidents and injuries: Employees or attendees could slip, fall, or otherwise injure themselves, especially in a stadium setting.
Property damage: The event might cause accidental damage to one of your team’s property, such as clothing or a laptop.
Liability risks: An attendee or employee might bring a lawsuit against the company for various reasons.
Travel-related issues: If you need to travel to attend the NFL playoffs with your coworkers, there can be risks related to transportation or accommodations.
Given these potential risks, you will need to have adequate insurance coverage in place to protect your company and your employees from unforeseen costs and liabilities.
Did you know? There are only two Canadian teams left in the 2024 NHL playoffs second round play: Vancouver Canucks vs. Edmonton Oilers in the Western Conference.
Types of insurance coverage for taking employees to corporate events
When planning a corporate event like taking employees to an NHL playoff game, consider the following types of insurance:
General liability insurance
General liability insurance protects against claims of third-party bodily injury or property damage arising from your event. If someone is injured or something is damaged during the event, this coverage can help with medical expenses, repair costs, and legal fees.
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General host liability insurance is another option designed to cover liability for bodily injury or property damage resulting from the consumption of alcohol in settings where your business does not sell, serve, or manufacture it. If your business allows alcohol or cannabis to be consumed on its premises without being directly involved in its distribution, this insurance can safeguard against potential lawsuits or claims arising from alcohol- or cannabis-related incidents.
Event insurance
If you are hosting a corporate event, event insurance offers coverage for a wide range of risks, including cancellations, weather-related disruptions, and more.
Commercial auto insurance
If the event involves transportation—like a bus or shuttle service to an NHL playoff game—commercial auto insurance is needed. It covers accidents or damage involving company vehicles or hired transportation services.
Travel insurance
For corporate events that involve travel, travel insurance can offer additional protection against trip cancellations, lost luggage, and other travel-related risks.
What else to keep in mind
When taking your corporate team to see the NHL playoffs, keep in mind the following:
- Employee safety: Ensure that safety protocols are in place to minimize risks during the event.
- Risk assessment: Conduct a basic risk assessment to identify potential hazards and ensure that your insurance coverage aligns with these risks.
- Communication: Make sure employees understand any guidelines or safety protocols related to the event, including what to do in case of an accident or injury.
Attending NHL playoff hockey games is a great idea for team building and employee morale. As an employer, you need to make sure that your company is adequately insured against potential risks and liabilities.
By understanding the types of insurance coverage available and taking appropriate precautions, you can focus on enjoying watching the teams battle it out while knowing your business is protected.
