Event Cancellation Insurance

All. Together. Prepared.

With our EventGuard cancellation insurance program, you can rest assured knowing that an unexpected circumstance that interrupts your event will not affect your bottom line. Based in Minnesota and serving clients throughout the country, including popular event locations such as Nevada and California, Hays Companies offers an event cancellation program that provides valuable coverage for lost revenue and expenses incurred from a delay or cancellation of an event. Whether you are planning a concert, festival, sporting event or simply a conference or convention, EventGuard Program can provide coverage for:

  • Cancellation of Event
  • Non-appearance of Speaker/Entertainer
  • Postponement of Event
  • Terrorism
  • Forced Change of Venue
  • Reduced Attendance
  • Inability to Vacate Premises

An average wedding in the United States costs around $30,000, amounting to more than $72 billion spent on weddings annually. You can never be too sure, as it's estimated that 10-15% of weddings are cancelled each year. Protect you big day with event cancellation insurance.

Hays Companies EventGuard program also covers you in the case of reduced attendance. Each month, more than 12,000 flights are cancelled and around 150,000 result in delays. Travel plans can never be certain; preparation can always reduce your losses.

Be prepared for the unexpected!

  • Winter Storms
  • Strikes
  • Hurricanes
  • Airline Delay
  • Tornadoes
  • Power Outages
  • Flood
  • Terrorism
  • Earthquake

Damages totaling more than $110 billion resulted from unexpected weather disasters that struck the United States in 2012. Hurricane Sandy, which affected 24 states, cost the country $65 billion in damages alone. Don't fear your event's financial losses in the midst of weather-related danger.

As Murphy's Law states, "Anything that can go wrong, will go wrong" - don't let the unexpected get in the way of your next event. Learn more about what our event cancellation insurance can do for you.

EventGuard Coverages on the Policy

Physical Loss to Personal Property - $175,000 Any One Loss

Door Registration Receipts - $150,000 Any One Loss

Remedial Action - in addition to the limit, this coverage will indemnify the insured for the cost of remedial action to assist in the successful rescheduling of an event.

Coverage Extension- to all indoor events under $100,000 budgeted Gross Revenue/Expense per event within the policy period.

Limited Terrorism Coverage - As long as the act of terrorism is within 250 miles or within 100 days of the event, the policy will cover any such loss with a limit of $1,000,000 or the policy limit, whichever is lesser.

Commitments Coverage - An additional 20% of the policy limit is automatically covered for a commitment such as a hotel commitment.

Future Marketing Expenses - coverage will apply for a covered loss any future marketing expenses up to a limit of $150,000.

Emergency Transportation of Attendees - this will provide up to $50,000 for additional expenses incurred if pre-booked transportation is unavailable to return attendees from an offsite location to the event venue.

Team Building or Recreational Event - coverage is for the lessor of 5% of the limit or $75,000 for cancellation of any team building or recreational event beyond the control of the insured.

Newly Organized or Acquired Event - Limit of $250,000 is for 90 days for any newly organized or acquired event by the insured for incidental exposures currently provided by the insurance.

Golf Event Cancellation - Coverage is automatic for a golf event held by the insured up to $100,000 for the cancellation of an event.

Golf Hole in One - Coverage for amateur participant in the amount of $25,000 for a hole in one. Distance must be at least 165 for females and 175 for males.