TERRORISM, WAR, communicable diseases, hurricanes, snowstorms, labor strikes …. Not only can the “what ifs” keep you up at night, they can cost your company big bucks.
Nonetheless, while more planners are opting for cancellation coverage since September 11, 2001, many still are not. After all, force majeure clauses cover many of the same contingencies as insurance: fires, hurricanes, earthquakes, floods. But these clauses only render the hotel contract null and void, say