Event Cancellation

K&K Insurance Group, Inc. now offers coverage designed specifically to protect sports and entertainment event organizers, promoters or sponsors against cancellation, abandonment, postponement, interruption, curtailment or relocation of insured events. Coverage is available on a first-dollar basis with limits up to $10M. Deductibles in the form of a fixed dollar amount or a percentage of the sum insured are also available in order to reduce the risk pricing. There is no minimum premium. The program is offered on surplus lines paper through Lloyd's and must be bound and paid for 14 days prior to the event. The program offers the option of insuring either gross revenues or the loss of costs and expenses.