Understanding insurance policies and programs
SIA offers Commercial General Liability (CGL) policies for individual performers and vendors through a master policy, and coverage for select groups of low-risk performers and event planners through program insurance. While both provide liability coverage, they work a little differently. Let's talk about them!
Master policy - individual performers and mobile vendors
SIA's individual performers and mobile vendors are covered under a master policy. A master policy is a single insurance contract
All about SIA's Act & Merchant Finder
This past year, SIA launched the Act & Merchant Finder feature on our website where performers, vendors, and MPEP-ers with active policies can make select parts of their profile public. This feature was created with the hopes of helping our clients with free advertising as well as helping to create an ease of hire for events/venues across the U.S.
Since launching the Act & Merchant Finder, we've advertised this page to fairs, festivals, and events of the like. In response, we've received
Misrepresentation and insurance fraud
Whether you're renewing your policy or starting a new one, insurers have an extensive review process once an application is received. Reviewing applications helps underwriters make sure what's on the application is both accurate and something that can be covered by the policy. After all, there's no point in buying insurance if your operation(s) are excluded by the policy you're applying for! After your application is read, an underwriter will cross check the information by Googling you/your
Your insider guide to understanding claims
We often talk about things you can do to prevent a claim, but what happens when you actually need to file a claim? How does the claims process work? Maybe you're wondering why your premium went up when you haven't filed any claims. Well, look no further because SIA is here to break things down!
How to file a claim:
First, should an incident occur, you'll need to login to your client dashboard on our website to file your claim. When using a computer/tablet, you'll see "submit a claim" on the
Product Liability vs. Products-Completed Operations
Whether your products are homemade or you're reselling, despite best efforts there is always a chance that your products may fail to work properly, be defective, cause bodily injury, or cause property damage. This could lead to a lawsuit. These types of claims would fall under either the Product Liability or Products-Completed Operations part of your Commercial General Liability policy.
First, let's talk about Product Liability coverage.
Product Liability (PL) insurance covers claims arising