NZ extends insurance scheme, expands criteria
The country has become the first to extend its government-backed insurance scheme by a year
News By IQ | 14 February 2022
The New Zealand government has announced plans to extend its insurance scheme for large-scale events by another year.
Under the scheme, the government underwrites 90% of “unrecoverable costs” for paid, ticketed events with audiences of more than 5,000 vaccinated people, if organisers are forced to cancel or postpone due to Covid-19 public health measures.
The new criteria include events that have been cancelled or postponed because the lead artist has to self-isolate, as well as business events with at least 200 attendees.
Touring…
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