Showstopperssm 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.
No matter how much time, energy and money a nonprofit invests in its events, forces beyond their control can cause costly cancellations or interruptions; from hurricanes to snowstorms, labor disputes, acts of terrorism, and more.
Endorsed by the American Society of Association Executives (ASAE), Showstoppers Event Cancellation Insurance helps provide protection for the loss of revenue or the commitment of expenses due to cancellation, abandonment, curtailment, or rescheduling of an event.
Nonprofits can ill afford for the show not to go on
If a nonprofit charges $1,000 to $3,000 per vendor exhibiting at their conference, and hosts a hundred vendors, the cancellation of an event due to weather, terrorism, or a power outage, could potentially cost hundreds of thousands of dollars. Don’t think it can happen? Look at these recent events…
- AWE Power Matters Conference cancelled due to Hurricane Matthew, October 2016
- 53% of the hotels on Mexico’s Pacific coast evacuated due to Hurricane Patricia, October 2015
- Keynote speaker at California’s Women’s Conference cancels prior to event, August 2015
- 8,000 flights canceled due to Winter Storm Juno, January 2015
The precise coverage afforded is subject to the terms, conditions, and exclusions of the policy as issued. Coverage may not be available in all states.
Product Highlights
NEW! Virtual Transmission - Coverage up to $100,000
in the aggregate for failure or malfunction of Necessary
Facilities related to a video broadcast, webinar, webcast or
internet data stream broadcast that is due to take place
during your in-person Event.
NEW! Active Assailant Ancillary Expenses –
Coverage for expenses related to crisis management,
counseling, employee retraining and funeral expenses
following an Active Assailant incident at the Venue
during the Event. See endorsement for precise limits of
coverage.
Coverage up to the full limit of indemnity for severe weather conditions such as but not limited to hurricanes, snowstorms, tornadoes, and flooding.
Adverse weather coverage for outdoor events can be included upon review and acceptance by underwriters.
Automatic Coverage for Events $100,000 or less – Coverage
is extended to include unreported events where neither the
total expenses or gross revenue exceeds $100,000, not to
exceed $300,000 in the aggregate within the policy period.
Coverage is limited to direct result of flood, earthquake,
adverse weather, volcanic eruption, hurricane, wildfire,
tsunami or fire causing physical damage at the venue.
Civil Commotion – Coverage available upon request for
civil unrest, riot, popular uprising and the like. Subject
to available underwriting capacity and an additional
premium charge.
Commitments – An additional 15% above the limit of
indemnity for commitments under vendor contracts such
as hotel room blocks but not to exceed $500,000 in the
aggregate for all events within the policy period.
Coverage up to the limit of indemnity for the hazards of earthquakes.
Up to $100,000 coverage for the return of event participants back to venue should they become
stranded.
Coverage up to full limit of indemnity for strikes by airline, hotel or transit workers.
A variety of policy term options are available up to 24 months.
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.
Direct and necessary additional expenses incurred for failure to vacate venue facility on time.
Up to $500,000 coverage for the loss in door registration receipts at the event or while in route to
the bank.
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 for reasonable and necessary extra costs to avoid or diminish a loss.
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.
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.
Multiple terrorism options are available with newly enhanced coverage limits.
Coverage for losses due to terrorism at the venue up to 12-months prior to the scheduled start date of the event.