Protecting Critical Association Revenue Streams: Managing the Risks of Event Cancellation Insurance
APRIL 17, 2018
In many cases, annual conventions and trade shows represent the most significant revenue-generating opportunities of the year for associations. These special events are of the utmost importance to any association that relies on this revenue stream. Without an event cancellation policy in place, associations can be left with substantial revenue shortfalls that could have lasting effects on their operating budgets and also compromise their ability to deliver important member services.