Terrorism
Real-Life Claim Scenario: When the local chapter of the Catholic Sisters Society planned their town’s annual tree lighting ceremony in the city of Seaside, they never dreamed the celebratory event would end in tragedy – but that’s exactly what happened when a bomb exploded in a nearby parked car, injuring more than 30 people. After careful investigation, it was discovered that the bomb was the work of a local terrorist organization. The Catholic Sisters Society was sued by the injured parties and was ultimately found liable for providing insufficient security. Luckily, the society had selected the Terrorism coverage option on its Events Liability Insurance policy which paid $543,000 in damages on the society’s behalf.
Estimated cost with Terrorism: $25
Estimated cost with NO Terrorism: $543,000
A Smart Solution:
RVNA Terrorism coverage option
Terrorism coverage is an optional coverage available when purchasing Event Liability Insurance.