Concert tours can generate significant income for an artist.
<i><b>When the Show Can't Go On</i></b> Seeking Insurance Recovery for Concert Cancellations
Concert tours can generate significant income for an artist. Yet every concert tour carries a risk that some event outside of the artist's control ' health issues, physical injuries, adverse weather or safety concerns, to name a few ' could force the cancellation of a single show or even an entire tour, thereby resulting in lost revenue to the artist and unrecoverable costs. To protect against this risk, many performance artists elect to obtain event cancellation and/or non-appearance insurance (which may be covered under the same or separate policies) prior to going on tour. This insurance coverage often covers financial losses, including lost guaranteed income, that result from cancellation of the event.
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