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Did you know that the Three Wise Men also take out insurance?

Apart from Travel Insurance, the ‘Three Wise Men’ also insure the Christmas Parades in case anything goes wrong. The organiser takes out Civil Liability Insurance that covers third party damage; in other words, it covers any accidental damage caused to the spectators. It also buys Event Cancellation Insurance and, of course, Accident Insurance for the people taking part.

As you are well aware, Their Magical Majesties are very foresighted, and they need to take care of their entourage and the spectators of course.