Contingency Insurance encapsulates
a wide spectrum of non-standard coverage’s designed to meet a client’s
specific needs.
Non-Appearance / Event Cancellation
This coverage is designed to protect a promoter, conference or event organizer from
the non-appearance or unforeseen cancellation of a principal artist, group of artists,
keynote speaker of any other specified key person for a concert, conference, convention,
or exhibition.
Prize Indemnity
Prize Promotions are an effective way to increase exposure and awareness of your
product or event.
From a Hole In One prize at a corporate golf tournament to a half-time field goal
contest at a major sporting event, Sutton Special Risk's Prize Indemnity coverage
protects the insured at an attractive and cost effective percentage of the total
prize amount.
Weather Insurance
Weather insurance is designed to protect an event organizer or sponsor from losses
directly related to inclement weather.
The coverage is typically purchased under the following scenarios:
- The insured is protected from loss of revenue due to the cancellation of an outdoor
concert or event due to adverse weather conditions.
- The insurance is used to cover promotions. For example, a tire outlet advertises
the return of the cost of snow tires to its customers, during a specific sales period,
in the event the area receives more than the established level of snowfall.
Litigation Interruption
This coverage is designed to protect the policyholder in the event the judge, arbitrator,
or other key persons in the trial are unable to continue with the litigation of
a case due to accident, illness, or death.
