Doc Summary
Module: Utsav Venues™ (Risk Management)
Document Type: Policy
Trademark: Utsav Venues™ is a trademark of MyMahotsav Futuretech Ltd
Effective Date: 24th February 2026
Version: 1.0
Part A: Plain English Summary #
Protecting Against the Unexpected #
Events involve risks—injuries, property damage, cancellations. This policy explains the insurance requirements for hosts and recommendations for renters to ensure everyone is protected.
The Simple Truth #
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Hosts Must Have Insurance: Every venue host on our platform is required to carry public liability insurance (minimum £10 million) .
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Insurance Protects Everyone: Host insurance covers claims from third parties (like your guests) if they’re injured at the venue.
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Your Insurance May Still Be Needed: Host insurance protects the host—it may not cover your losses if you have to cancel your event. Consider your own event insurance .
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Proof Required: Hosts must provide certificates of insurance. We verify coverage.
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No Coverage From Us: MyMahotsav does not provide insurance coverage to hosts or renters. You must arrange your own.
Part B: Insurance Requirements #
1. HOST INSURANCE OBLIGATIONS #
1.1 Mandatory Coverage: All Hosts Listing venues on Utsav Venues™ must maintain the following insurance coverage :
| Insurance Type | Minimum Coverage | Applicability |
|---|---|---|
| Public Liability Insurance | £10 million (or equivalent in local currency) | ALL Hosts |
| Employers’ Liability Insurance | As required by law (typically £5-10 million) | Hosts with employees |
| Property Insurance | Sufficient to cover full replacement value | ALL Hosts (recommended) |
1.2 Public Liability Coverage: This insurance protects against claims for:
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Bodily injury to third parties (including Renters and their guests)
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Damage to third-party property
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Legal costs associated with such claims
1.3 Employers’ Liability: Required by law in many jurisdictions if Hosts employ staff. Covers claims by employees injured at work .
1.4 Property Insurance: Covers damage to the Host’s own property. While not always mandatory, we strongly recommend adequate coverage.
2. PROOF OF INSURANCE #
2.1 Certificate of Insurance: Hosts must provide a valid Certificate of Insurance upon:
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Initial registration as a Host
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Annual renewal of coverage
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Upon request by the Platform
2.2 Certificate Requirements: The Certificate must show:
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Host’s name (matching Platform account)
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Policy number
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Coverage limits (meeting minimum requirements)
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Effective dates (covering the period of all Bookings)
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Insurer’s name and contact details
2.3 Failure to Maintain Insurance: Hosts who fail to maintain required insurance may:
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Have their listings suspended
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Be unable to accept new Bookings
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Have existing Bookings cancelled (with refunds to Renters)
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Have their account terminated
3. HOST Indemnification #
3.1 Indemnity: Hosts agree to indemnify and hold harmless MyMahotsav Futuretech Ltd from any claims arising out of :
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Injuries or damages occurring at their Venue
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Their failure to maintain required insurance
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Their breach of any laws or regulations
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Any misrepresentations in their Listing
4. RENTER INSURANCE CONSIDERATIONS #
4.1 Recommended Coverage: While not mandatory, we strongly recommend that Renters consider purchasing :
| Coverage Type | Purpose |
|---|---|
| Event Cancellation Insurance | Reimburses losses if event must be cancelled for covered reasons (illness, weather, etc.) |
| Personal Liability Insurance | Covers claims if you or your guests cause injury or damage |
| Personal Accident Insurance | Covers medical expenses for you or your guests |
| Equipment Insurance | Covers damage to or theft of your own equipment brought to the venue |
4.2 No Coverage From Host’s Policy: Renters should understand that the Host’s public liability insurance protects the Host against claims, not the Renter. It may not cover:
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Your cancellation losses
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Injury to you (unless caused by Host’s negligence)
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Damage to your property
5. ADDITIONAL INSURED STATUS #
5.1 Venue Requirements: Some Hosts may require Renters to name them as an “additional insured” on their event insurance policy. Such requirements, if any, will be disclosed in the Listing.
5.2 Compliance: Renters are responsible for complying with any insurance requirements stated in the Listing.
6. PLATFORM’S POSITION #
6.1 No Insurance Provider: MyMahotsav Futuretech Ltd is not an insurance provider, agent, or broker. We do not underwrite, sell, or recommend specific insurance policies .
6.2 No Liability: We are not liable for any gaps in coverage, uninsured losses, or claims arising from insufficient insurance.
6.3 Information Only: Any information about insurance is provided for general guidance only and does not constitute professional advice. You should consult with qualified insurance professionals.
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