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Protect your Event or Convention from Financial Loss
An event requires detailed planning and very often, substantial financial commitments. Yet even the best plans are at the mercy of uncontrollable outside forces. What kind of circumstances can affect your event and any revenue it may derive? Loss of equipment or supplies, inclement weather, transit or airline strikes can all limit or eliminate attendance. What happens when the keynote speaker cancels at the last minute? Depending on the circumstances, your organization may even feel obligated to return fees.
A natural disaster can hit any location you choose for your event at any time. Popular cities are vulnerable to strikes, power failures, floods, fires, and the collapse or destruction of a hotel or meeting center. What if your event were canceled due to any of these circumstances?
Most planners can meet the challenges of an emergency, but how often do they think, “If only we had a way to recover our expenses and secure our revenues?”
EXPO-PLU$ helps weigh the odds in your favor. Its comprehensive range of coverage is designed to provide broad protection for your event budget and your anticipated income. EXPO-PLU$ assumes the losses should your event be canceled, postponed or curtailed by the unexpected. It is the emergency protection you need for your meeting, no matter how large or small your event or meeting may be.
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The EXPO-PLU$ Plan provides comprehensive coverage for additional expenses or lost revenue if caused by unforeseen circumstances beyond your control.
These could include fire, collapse or destruction of the hotel or convention center…strikes involving labor, transportation and services…adverse weather, such as blizzards, floods, tornadoes, hurricanes, earthquakes…flood/water damage...and power loss.
Customize your comprehensive coverage for your needs
The EXPO-PLU$ Plan can insure any event, seminar, meeting – from the largest trade show to the smallest professional meeting – regardless of its size, at a cost that won’t break your budget.
Event planners spend considerable time, effort and money addressing details and anticipating needs so the occasion unfolds smoothly. Yet, there are circumstances beyond anyone’s control that can adversely affect the outcome of an event. Too many companies, organizations and individuals don’t consider protecting themselves against these risks, costing them money – and unnecessary aggravation.
Marsh Consumer's EXPO-PLU$ covers all the details an event planner cannot. Our program offers comprehensive financial protection against loss of revenues in the event of
- Cancellation. Because of unexpected circumstances, you may not be able to open your event at all during the time you planned. You would be forced to change your dates completely, perhaps even move to a different location.
- Terrorism. For cancellation, curtailment, postponement or abandonment of any event. Customized options are available for your event.
- Postponement. If you couldn’t start on the day you originally planned because circumstances prevent it, the EXPO-PLU$ Plan would cover your losses.
- Curtailment or Abandonment. Some emergency may cause you to close your event unexpectedly. Your lost revenues would be covered.
- Removal to Alternate Premises. You might have to move to a different site before you can open, or you may be forced to move while your event is already in progress. The EXPO-PLU$ Plan would pay for the losses you incur plus the additional expenses of moving to another location.
- Failure to Vacate. Unexpected circumstances could force you to stay longer than the terms of your lease, making it impossible to vacate the premises. Your additional expenses would be covered under the EXPO-PLU$ Plan.
- Enforced Reduced Attendance of the Attendees, Exhibitors, etc …
- Non-appearance of Main Attractions. When you depend on a speaker or entertainer to contribute to the success of your event and they are unable to appear, it may cause some additional expenses or lost revenue. Customized options are available for your event.
It also covers nearly every external peril imaginable such as:
- Adverse weather
- Strikes
- Physical damage to show facilities
- Power outages
What makes our product unique from our competitors’ products?
Our innovative approach features:
- Automatic coverage for all indoor events in the United States and/or Canada under $75,000 in budgeted gross revenue and/or expenses during the policy period.
- Blanket policy issued for all of your scheduled events.
- Worldwide location coverage.
- Coverage available up to 36 months in advance of your scheduled event.
No matter how big or small the event, EXPO-PLU$ is there when event planners need it most.
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Why do I need to insure my event or meeting?
Have you ever considered what would happen if your event had to be cancelled . . . because of a fire . . . or the collapse of the convention center or meeting hall . . . because of an airline strike or a hotel workers' strike . . . because of a flood, blizzard, tornado, hurricane or earthquake? When you consider the revenue generated by your convention, you realize how vulnerable you are to unpredictable circumstances beyond your control.
What is covered by the EXPO-PLU$ Plan?
The plan provides comprehensive coverage for the cancellation, postponement, abandonment and curtailment of your event or meeting, including removal to alternative premises and enforced reduced attendance. It even pays for your financial loss due to enforced reduced attendance resulting from a covered peril. The EXPO-PLU$ Plan also provides coverage for non-appearance of principal speakers who contribute to the success of your event. In the event of an emergency when you are unable to vacate the convention center or meeting hall center as planned, the EXPO-PLU$ Plan pays for the additional expenses. The EXPO-PLU$ Plan provides all-risk protection for your organization's personal property going to and from and while at your convention . . . up to $150,000. Coverage for theft of on-site registration receipts . . . up to $125,000.
How much insurance do I need?
To make certain you are fully covered in the event of a claim, it is important you consider all of your event-related revenues, commitments and expenditures. Your insurance should include your out-of-pocket expenses in organizing the event . . . it should also include those financial commitments you are responsible for in case your event is cancelled . . . it should also include the income you expect to generate from the event above and beyond your expenses.
When is the best time to apply for event cancellation insurance?
Right now! Most event planners apply for the EXPO-PLU$ Plan while they are preparing their event budget. That enables them to include the modest cost of this insurance in their budget. If your budget is already prepared, apply immediately. You probably have already incurred expenses for your next event or meeting. Therefore, you should be insuring those expenses . . . now! The cost of this coverage still fits into a well-planned budget.
What is not covered?
The policy cannot provide coverage for lack of support of the event or the financial failure of any party. Standard exclusions such as war, radioactive contamination and circumstances of which you are currently aware are not covered.
Would any of my other insurance policies cover the cancellation of my event?
Standard insurance policies were designed to protect you against claims resulting from bodily injury or damage to the property of others. EXPO-PLU$ is the only policy specifically designed to insure you against the financial losses you would face if your event was cancelled, postponed, curtailed or suffered reduced attendance.
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These form(s) are in Acobe Acrobat Reader (PDF) format and are available for downloading and printing. Click the button below to download a fee copy of Adobe Acrobat Reader.
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Documents |
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EXPO-PLU$ Application |
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EXPO-PLU$ Brochure |
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To request more information on the EXPO-PLU$ Insurance Plan, contact the Insurance Administrator, Marsh Global Consumer:
United States
Marsh Global Consumer
EXPO-PLU$
Event Cancellation Insurance Plan
500 W. Monroe Street
Chicago, IL 60661
Phone: 1- 877-451-4003
FAX: 1- 312-627-6172
Email: sue.m.iwan@marshpm.com
Canada
Wholesale Underwriting Group at Marsh Canada
70 University Ave, Suite 800
Toronto, Ontario m5J2m4
Phone: 1-800-265-6676
Fax: 1-866-630-6146
Email: wholesale.group@marsh.com
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