Event Cancellation Insurance
Non-Appearance Insurance

Event Cancellation Insurance
Non-Appearance Insurance
By: Allen Financial Insurance Group

Contact us for a no obligation event cancellation insurance and non-appearance insurance quote today

The Event Cancellation Insurance & Non-Appearance Coverage reimburses you for your net loss should the performance or event be necessarily cancelled, postponed or rescheduled due to any peril except what is excluded.  We can usually offer you a premium quotation within minutes of a submission.

Event Cancellation Insurance

No matter the time, energy and finances invested in your events, unforeseen forces and circumstances can cause costly cancellations or interruptions. Event cancellation insurance protects revenue or expenses from an event postponement,cancellation, relocation or abandonment of the event for reasons beyond the event organizers control. Some of these reasons might include severe adverse weather (hurricanes, tornados, severe winter storms, etc.), venue unavailability (fires, floods, power outages, etc.), threats or acts of terrorism and communicable disease outbreaks.

What kind of circumstances can affect your event revenues? Your key speaker unexpectedly can’t make it due to bad weather… The truck carrying your equipment or supplies gets into a highway accident… Your local airport is shut down… The fact is, no matter how well you’ve planned your event, a crisis can arise at any moment.

Event Cancellation Insurance Non-Appearance

Summary of Coverage

  • Based on the gross revenue or expenses for the event
  • Optional coverage’s may include acts or threats of terrorism, communicable diseases and nuclear / biological / chemical terrorism.
    The perils than can be insured against are those outside of the control of the event planner. Examples of perils that may be covered include the following:

    • Weather and environment related perils such as rain, snow, wind, and earthquakes.
      Specific weather conditions such as floods, hurricanes, tornadoes, blizzards, lightning, or any other life-threatening weather condition. These weather conditions must prevent the majority of the audience from reaching the venue where your event is taking place.
    • Outbreak of disease
    • War, terrorism, sabotage, and civil or political unrest
    • Property damage or loss of availability of venue
    • Non-appearance of key speakers, performers, or personnel due to death, injury, or illness.
    • Satellite and signal transmission failure
    • Unavoidable Travel Delays

Policy Information:

Event cancellation coverage insures against loss arising out of the cancellation, interruption, or postponement of a covered event, so long as the source of the cancellation or postponement is covered under the insured’s policy.

  • Once paid for, this policy cannot be canceled.
  • The earlier you pay for this policy, the longer period of time you will have your event coverage.
  • You are required to insure 100% of your budgeted expenses and, if you choose to insure your profits, 100% of budgeted profits as well. Otherwise co-insurance penalties will apply in the event of a claim and you will not receive 100% reimbursement for your claim.

 

  • Concerts
  • Conferences
  • Fairs / festivals
  • Major sporting events
  • Trade shows / conventions

Non-Appearance Insurance

Considering protecting your losses in the event that your event cannot proceed due to the non appearance of a specific individual or group?Nonappearance insurance protects those with a financial interest in the appearance of any key person or persons such as entertainers, dignitaries, performers, artists and public speakers at many types of events and within any industry including commercial, sports and entertainment. This can include event organizers, promoters, managers, venues and ticket agencies.

Non-appearance of a key performer for a production company or a presenter can be financially devastating to the organization.  If you have a principal artist as part of a concert or if your theater is producing a one person show, without that particular artist, you have no production. 

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Exclusions

Pre-existing medical conditions
Air travel except as a passenger on a regular airline or multi-engine charter aircraft
Insufficient voice quality unless directly due to illness or disease contracted during the policy period
Any hazardous activity or feat
Any condition not common to both sexes
Acquired Immune Deficiency Syndrome (AIDS)
Contractual disputes

The financial failure of any venture, including cancellation due to lack of ticket sales, lack of sponsorship, etc.
War, civil commotion, riot, martial law, seizure, radioactive/nuclear contamination.
Your failure to have made all necessary preliminary arrangements essential to ensure that your event can be held on the scheduled date.
Fraud, misrepresentation or concealment.
Non-appearance of an individual (s) unless you purchase the non-appearance insurance option.

Event Cancellation Insurance
Information Form

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Contact us by phone (800) 874-9191, FAX (602) 992-8327
or email below for more Non-Appearance information.

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