Do I Need Insurance for my Event? You may need to take out event insurance and public liability insurance. An event insurance company would be able to best advise you on the right level of cover required to suit your plans. The different types include:• public liability cover• event cancellation insurance • travel or health insurance • cover to meet any contractual conditions• damage to property owned, hired or borrowed. If the fundraising is by a group of people attached to a firm, the company’s insurers may consider providing some cover for a staff or customer charitable event.