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Showstoppers® Association Event Cancellation Insurance​


One cancelled or interrupted event could cost your association hundreds of thousands of dollars.

(click here to view full infographic)

No matter how much time, energy and money you invest in your events, forces beyond your control can cause costly cancellations or interruptions; from hurricanes to snowstorms, labor disputes, acts of terrorism, outbreaks of communicable disease and more.

The ASAE-Endorsed Showstoppers® Association Event Cancellation Insurance Program helps provide protection for the loss of revenue or the commitment of expenses due to cancellation, abandonment, curtailment, or rescheduling of an event.

It also pays for your losses due to the reduced attendance at a continued event – full cancellation of an event is not required.

 


Coverage Highlights: click each category to learn more information.

Automatic Coverage for Events $125,000 or less

Coverage is extended to include unreported indoor events up to $125,000 during the policy term.

Physical Loss of Personal Property & Door Registration Receipts

Up to $500,000 in coverage for business personal property at the venue and while in transit to or from an event. Coverage for up to $500,000 in door registration receipts at the event or while in route to the bank.

 

Commitments

An additional 20% above limit of indemnity for commitments under vendor contracts such as hotel room blocks.

 

Emergency Travel Arrangements

Coverage up to $75,000 for return of participants back to venue should they become stranded.

 

Venue Damage

Coverage for losses due to terrorism at the venue up to 12-months prior to the scheduled start date of the event.

 

Requisition or Confiscation of the Venue

Coverage up to the full limit of indemnity following the cancellation, abandonment, curtailment or rescheduling of an event due to the requisition or confiscation of the venue by local, national or federal government.

 

Adverse Weather

Coverage up to the full limit of indemnity for severe weather conditions such as but not limited to snowstorms/ice storms, hurricanes, tornadoes and flooding. Adverse weather coverage for outdoor events can be included upon review and acceptance by underwriters.

 

Labor Disputes

Coverage up to full limit of indemnity for strikes by airline, hotel or transit workers.

 

Earthquake Coverage

Coverage up to the limit of indemnity for the hazards of earthquakes.

 

Automatic Coverage for Adverse Weather for Golf Outing and Other Sporting Events & Hole-In-One Coverage

Up to $100,000 for losses due to adverse weather conditions for Golf Tournaments AND other sporting events. Up to $50,000 for Hole-In-One prize indemnity.

 

Remedial Action & Extra Expenses

Coverage for reasonable and necessary extra costs to avoid or diminish a loss.

 

Non-Appearance of a Speaker

Automatic coverage for up to $50,000 for the non-appearance of a speaker due to covered causes of loss. Additional coverage (including coverage for Principal Speakers) is available upon request.

 

Penalties for Failure to Vacate

Direct and necessary additional expenses incurred for failure to vacate venue facility on time.

 

National Mourning

Includes coverage for National Mourning for the President of the United States.

 

Future Marketing Expenses

Includes up to a maximum of $150,000 for your future marketing expenses following the cancellation, abandonment, curtailment or rescheduling of the covered event.

 

Transmission Interruption

Coverage up to $100,000 per event for transmission failure of all types of events including telecast, webinar or virtual data streaming.

 

Terrorism Coverage Options

Multiple terrorism options are available with newly enhanced coverage limits.

 

Multi-Year Policy Terms

A variety of policy term options are available, including a 3 year policy term.

 

Liberalization Clause

If the policy form is revised to provide additional coverage without premium charge, the policy will automatically provide the additional coverage.

 

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Please note that the precise coverage afforded is subject to the terms, conditions, and exclusions of the policy as issued. This coverage may not be available in all states..



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