The cancellation of three Taylor Swift concerts in Vienna in August due to a foiled terror plot was a nightmare for Swifties worldwide, and not a nightmare dressed like a daydream.

While the disruption of the Austrian leg of the Eras Tour was crushing for music lovers, the financial blow to Swift, the Ernst Happel Stadium, the concert promoter Barracuda Music and others involved likely was softened by event cancellation and additional terrorism coverage she is reported to have carried.

Indeed, Swift's loss alone was estimated at $12 million.[1] The Vienna Eras Tour run was set to begin on Aug. 8, and arrests of the suspected would-be terrorists were made right before, on Aug. 6 and 7.

Event Cancellation and Nonappearance Insurance

Event cancellation and nonappearance insurance provides coverage for losses that are the direct result of the cancellation, postponement, relocation or similar alteration of an insured event or inability of a key person to attend or perform for reasons outside the policyholders' control.

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