Showstopperssm Event Cancellation Insurance
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, outbreaks of communicable disease 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.
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 $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.
Up to $500,000 coverage for the loss in door registration receipts at the event or while in route to
Up to $75,000 coverage for the return of event participants back to venue should they become
A variety of policy term options are available, including a 3 year policy term, allowing the nonprofit to lock in their rate for multiple years.