RAIN INSURANCE
\ɹˈe͡ɪn ɪnʃˈʊ͡əɹəns], \ɹˈeɪn ɪnʃˈʊəɹəns], \ɹ_ˈeɪ_n ɪ_n_ʃ_ˈʊə_ɹ_ə_n_s]\
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An insurance policy that is taken out in case an event is cancelled due to rain. The rain will need to be of a sufficient qualtity and occur during a specified time in order for the insurance to be paid. It is a means whereby a promoter will receive payment when an event ha has organised is cancelled.
By Henry Campbell Black
