Edgy meeting planners looking to hedge their bets might think about cancellation insurance. But they should think twice if they expect it to cover some of the current challenges to meetings and incentive programs. “The biggest misunderstanding about cancellation insurance is that it only covers cancellations due to causes beyond the parties' control,” says Tyra Hilliard, Esq., CMP, a Washington, D.C.-based lawyer. “If you have to cancel because of low pickup or because your executive ...

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