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
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.
The policy also pays for losses due to the reduced attendance at a continued event – full cancellation of an event is not required.
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.
Up to $500,000 coverage for the loss in door registration receipts at the event or while in route to
the bank.
Up to $100,000 coverage for the return of event participants back to venue should they become
stranded.
A variety of policy term options are available up to 24 months.