Showstoppers® Event Cancellation Insurance
Please note that if you are seeking event cancellation coverage pertaining to Coronavirus COVID-19, this is not available as it is deemed a pre-existing condition and it is specifically excluded from all event cancellation policies issued through our program from January 2020 forward.
Expecting the unexpected can save hundreds of thousands of dollars
No matter how much time, energy and money you invest in your association’s convention, trade show or virtual event, forces beyond your control can cause costly cancellations or interruptions; from hurricanes to snowstorms, labor disputes, acts of terrorism, and more.
ASAE-Endorsed Showstoppers® Event Cancellation Insurance helps provide protection for the loss of revenue or the commitment of expenses due to cancellation, abandonment, curtailment, or postponement 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.
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.
Coverage is extended to include unreported indoor events up to $100,000 during the policy term.
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.
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.
Automatic coverage for up to $75,000 for the non-appearance of a speaker due to covered causes of loss. Additional coverage (including coverage for Principal Speakers) is available upon request.
An additional 15% above limit of indemnity for commitments under vendor contracts such as hotel room blocks.
Coverage up to $100,000 for return of participants back to venue should they become stranded.
Coverage for losses due to terrorism at the venue up to 12-months prior to the scheduled start date of the event
Up to 20% of the Limit of Indemnity for each Event, but not to exceed $100,000 in the aggregate for all events within the policy period.
Coverage due to the requisition or confiscation of the venue by local, national or federal government as a sole and direct result of flood, earthquake, volcanic eruption, hurricane, tropical storm, tsunami, cyclone, winter weather, fire, wildfire or terrorism.
Coverage up to full limit of indemnity for strikes by airline, hotel or transit workers
Coverage up to the limit of indemnity for the hazards of earthquakes.
Up to $125,000 for losses due to adverse weather conditions for golf tournaments and up to $100,000 for other sporting events. Up to $75,000 in coverage for hole-in-one prize indemnity
Coverage for reasonable and necessary extra costs to avoid or diminish a loss.
Direct and necessary additional expenses incurred for failure to vacate venue facility on time.
Coverage up to $125,000 per event for transmission failure of all types of events including telecast, webinar or virtual data streaming.
Multiple terrorism options are available with newly enhanced coverage limits.
A variety of policy term options are available up to 24 months.