The Insurance covers the total abandonment of football match due to specified perils like Fire, lightning, explosion, earthquake, rain, flood, storm, riot, strike, malicious damage and terrorist act. The Policy covers the actual financial loss suffered by the insured i.e., the organizers. It is a condition under the Policy that no liability will attach even if a single ball is played. Change in venue or postponement of the match does not constitute a claim. It is prescribed that the tickets issued shall contain a stipulation that once a ticket is sold no refund will be allowed.