Here’s the translation into American English:
In recent years, the rise of live music has led to a significant increase in ticket prices. Recent data reveals that the average cost of accessing concerts and festivals has risen by more than 40% in the last two years. This increase has raised concerns among attendees, who must face not only the ticket prices but also additional related expenses such as transportation and accommodation.
In response to this situation, Allianz Partners has introduced a ticket cancellation insurance designed to protect users’ finances against unforeseen events that prevent them from attending music events. This type of insurance addresses the growing need for consumers to feel supported in situations such as work issues, illnesses, or accidents, which are some of the most common reasons for cancellation.
The high demand for tickets, which in many cases are sold more than a year in advance, makes it difficult for buyers to anticipate potential setbacks. Cancellation insurance presents a valuable solution, offering a refund in case of cancellation and allowing users to enjoy the experience without the burden of lost costs.
Belén del Castillo, head of Travel & BPO and Special Operations at Allianz Partners in Spain, has emphasized the importance of having a financial safety net in the realm of music entertainment. According to her, “with advance ticket sales, users cannot foresee what complications may arise. An accident, a new job opportunity, or a family situation can prevent them from attending the event.” Del Castillo highlights that this insurance not only protects the customer’s wallet but also provides peace of mind by knowing they can recover their investment in case of unforeseen events.
In a year when more than 1.25 million people are expected to attend festivals over the summer, opting for ticket cancellation insurance is becoming an increasingly sensible choice for live music fans in Spain.
via: MiMub in Spanish
