COVID insurance scheme for live events and festivals has finally been announced – to the tune of £750million.Back in May, UK festivals issued a “red alert” warning amid claims that they had “hit a brick wall” in government talks for an insurance plan – before it emerged that more than half of the UK’s festivals had been cancelled in 2021 due to uncertainty around operating with coronavirus restrictions.

Insurance has been long overdue, as many events would face bankruptcy if forced to cancel again at the last minute having already suffered huge financial blows last summer.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

£750million government-backed COVID insurance scheme announced for festivals and live events

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