Whether you should purchase meeting cancellation insurance really depends upon how financially important the event is to your company. “If you're holding a board of directors meeting for 20 people that won't generate income and is inexpensive to hold, there's no point,” says James M. Goldberg, an attorney with Washington, D.C. — based Goldberg & Associates. “But if it's a big annual event for 3,000 people that's a major source of revenue for the company, definitely think about ...

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