HOBOKEN, NJ--(Marketwire - May 17, 2011) - TravMark, a specialty insurance company, now offers insurance aimed at protecting conference attendees and trade show exhibitors. It is easy to spend hundreds to thousands of dollars in pre-paid costs between conference/trade show registration fees and travel costs but what happens if participants need to cancel? TravMark's newly expanded A+ Program Protection goes beyond traditional event cancellation insurance and safeguards the prepaid investment should an individual need to cancel for any reason.
The A+ Program Protection now allows conference attendees and trade show exhibitors to protect their registration/trade show expenses and travel costs from cancellation before and interruption during their event. A+ Program Protection can be purchased online and is administered by one of the largest travel insurance administrators in the country.
For years, conference organizers have purchased event cancellation insurance should their conference/trade show be cancelled due to weather, terrorism or other perils. Event cancellation does not protect the individual participant if they cannot attend an event. Even event cancellation will often not refund the attendees' or exhibitors' lost prepaid travel costs even if the event is cancelled and insured. Event cancellation does not offer "cancel for any reason" coverage.
Travel Insurance providers are beginning to work with varied companies within and outside the travel industry to protect program costs. TravMark, a 10-year-old company specializing in cancellation insurance for varied industries, has just updated its A+ Program Protection plan (available at www.travmark.com). Unlike traditional travel insurance plans, A+ Program Protection specifically covers "program cancellation" and "program arrangements" including trade show/conference exhibitors and attendees program costs.
With TravMark's A+ Program Protection, if the program cost is under $25,000 lasts under 90 days and the participants are under age 80, it can usually be insured immediately online. A+ Program Protection also covers medical expenses during the program, emergency evacuation, baggage/personal effects and even an optional coverage in case you want to "cancel for any reason."
About TravMark
TravMark, based in Hoboken, N.J., provides all forms of business and individual insurance, assisting hundreds of program operators with their insurance needs. TravMark insures tens of thousands of program participants worldwide annually through its custom developed plans. For more information, visit www.travmark.com or call 1-800-358-0779 ext. 221.