Contingency Insurance
Quick Answer
Contingency insurance for corporate events, trade shows, and product launches: reimbursement for cancelled or postponed events when the unexpected happens.
A major event can carry costs long before opening day. Request a contingency insurance review around your event budget, contracted commitments and the interruption scenarios you want considered.
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Define what is financially at stake
Nonrecoverable expenses, expected revenue and contractual obligations are different measures. Provide a clear budget so requested cancellation or abandonment protection can be considered on the right basis.
Identify the events and dependencies
Dates, locations, key performers, suppliers and travel arrangements can affect the review. Include the people and services whose absence could prevent the event from proceeding.
Discuss the causes you need reviewed
Weather, nonappearance and other interruption concerns may need separate terms or endorsements. Tell us which circumstances matter to your event, rather than assuming every cancellation cause is covered.
Coordinate with liability and property
Contingency coverage addresses a different problem from event liability or equipment damage. Request those lines separately where needed so your event program has a clear purpose for each coverage.
