Coverage

Youth Sports Event Cancellation Insurance covers an insured for net losses should the scheduled sports event be necessarily cancelled, abandoned, disrupted, or rescheduled. Net Losses, up to the scheduled event’s limit of indemnity, include:

1. Expenses that are irrevocably expended, less savings from expensed items that can be reused or re-purposed, and less revenue retained.
2. Optional coverage for reduction of net profit had the sports event taken place.
3. Additional Expenses reasonably resulting from rescheduling.
4. Additional Expenses reasonably and necessarily incurred which serve to reduce a loss.

Additional Highlights

• Broad Appetite for Scheduled Indoor & Outdoor Events including ANY Youth Sport
• Coverage up to $1M per Scheduled Event
• Coverage for either Single Events or Multiple Scheduled Events under One Policy
• Master Policy available with Flexible Reporting Options
• Annual, Auditable Policy available for Professional Sports Organizers
• Dedicated Claims Process for Quick and Reasonable Adjusting of Claims