Showstoppers® Association Event Cancellation Insurance
- January 2007 - Wind and ice smash the Plains states while snow falls unexpectedly in the Southwest
- September/October 2005 - Hurricanes Katrina, Rita and Wilma devastate the Gulf Coast
- August/September 2004 - Hurricanes Charley, Frances, Ivan and Jeanne wreak havoc in Florida and other Gulf States
- September 2003 - Hurricane Isabel hits the Southeast and Mid-Atlantic
- January/February 2003 - Major snowstorms hit the Midwest,Mid-Atlantic and Northeast
- December 2002 - Ice storm in the Southeast
- September/October 2002 - Hurricanes Isadore and Lili hit the Gulf Coast
- September 2001 - Terrorist attacks on the United States
- February 2001 - Earthquake rumbles in the Pacific Northeast
The ASAE endorsed Showstoppers® Event Cancellation Insurance Program delivers these custom-tailored coverages to fit your particular event:
Coverage
Coverage for the loss of revenue or expenses due to cancellation, abandonment, curtailment, or rescheduling of an
event. Also provides coverage for reduced attendance to a continued event - full cancellation of an event is not
required.
5% Premium Credit
Given to Associations who are renewing or members of the American Society of Association Executives (ASAE).
Automatic Coverage for Events $75,000 or less
Coverage is extended to include unreported indoor events up to $75,000 during the policy term.
Commitments
Includes an additional 10% above limit of indemnity for commitments under vendor contracts such as hotel room
blocks or food & beverage commitments.
New Terrorism Coverage Options*
- Limited Option with Threat - Includes up to 50% of limit to maximum of $1,000,000 within 50 miles of event's venue within 50 days of the scheduled start date of the event or during the event. Includes threat of terrorism, which is directed at the event or venue or is directed at another location within 50 miles of the venue, which results in denial of access to or the evacuation of the venue.
- New Broadened Extended Terrorism Option with TRIA at No Additional Premium - Includes full limit of indemnity within 50 miles of event's venue for a period of 50 days. Enhanced to include certified acts of terrorism as declared by the US Secretary of Treasury, Secretary of State and Attorney General resulting in damage within the US by any foreign or domestic individual(s).
- Full Terrorism - Includes full limit of indemnity for terrorism or threat of terrorism provided you could demonstrate that the decision to cancel, abandon, curtail or reschedule is necessary and justifiable.
Venue Damage
Includes coverage for losses due to terrorism at the venue up to 12-months prior to the scheduled start date of
the event.
Automatic Coverage for Requisition or Confiscation of the Venue
Coverage is extended to include up to $1,000,000 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 authorities.
Adverse Weather
Includes 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
Includes up to full limit of indemnity for strikes by airline, hotel or transit workers.
Earthquake Coverage
Includes up to the limit of indemnity for the hazards of earthquakes.
Physical Loss of Personal Property and Door Registration Receipts
Up to $150,000 for Business Personal Property while in transit to or from an event and at the venue. Up to $125,000
in Door Registration receipts at the event or while in route to the bank.
Automatic Coverage for Adverse Weather for Golf Outing & Hole-In One Coverage
Up to $100,000 for losses due to adverse weather conditions for Golf Tournaments and up to $25,000 Hole-In-One
prize indemnity.
Remedial Action & Extra Expenses
Reasonable and necessary extra costs to avoid or diminish a loss.
Non-Appearance of a Principal Speaker
Includes non-appearance of any Principal Speakers provided Speakers are scheduled on Policy.
Penalties for Failure to Vacate
Direct and necessary additional expenses incurred for failure to vacate venue facility on time. Excess of $10,000 in
expenses subject to carrier's approval.
National Mourning
Includes coverage for National Mourning for the President of the United States.
Automatic Coverage for Future Marketing Expenses
Coverage is extended to include up to $150,000 for your future marketing expenses following the cancellation, abandonment, curtailment or rescheduling of the event.
Or if you prefer, you can download the application.
For more information please contact us:
Eileen Hoffman: 800.424.8830 ext. 5333
202.862.5333Seth Fleischer: 800.424.8830 ext. 8532
202.429.8532Fred Onyango: 800.424.8830 ext. 8587
202.223.0876
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.
