Search

Promoters Who Need CORVID-19 Insurance Likely Don't Have It, Experts Say

As the disease continues to stoke widespread fears, cancellations of major summer events may result in huge payouts from insurance companies.


“For coronavirus -- if not specifically excluded and they do have the potential for a claim -- the fear that people might contract the coronavirus is not sufficient. The threshold in the policy is the event is ‘necessarily’ canceled

, ‘necessarily’ implies that there is a benchmark of severity that leaves you no choice, or prevents you from doing the show -- as opposed to a voluntary decision to avoid exposure,” says Roger Sandau, managing principal at Integro Sports & Entertainment insurance.


Read More:

https://www.billboard.com/articles/business/9329221/coronavirus-live-event-cancellations-insurance-company-payouts

5 views

Recent Posts

See All

© 2020 by Cream City Insurance

  • Black Facebook Icon
  • Black Twitter Icon
  • Black LinkedIn Icon

Members Area Log-In