As COVID-19 leads to event cancellations worldwide, the insurance market is scrambling to minimize its financial exposure to event cancellation claims. Although we have seen event policies with COVID-19 exclusions and others with contamination exclusions that insurers will cite to deny coverage, many event cancellation policies lack these problematic exclusions. But insurers are turning to
Event Insurance
Fore! Fourth Circuit Affirms No Coverage for Hole-in-One Payments
By Alex Purvis on
Posted in Event Insurance, Risk Management
As proof that almost anything can be insured, hole-in-one insurance is available on the market. Coverage is granted for payments or awards (cars, cruises, golf trips, cash, etc…) given and can be obtained for the right premium whether you’re protecting against the risk of an “ace” by a professional or a hacker at a charity…