Published: 02-Apr- 2007 | Product Category: Other
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This protects against the vicarious liability of companies that sponsor sporting and entertainment events and activities. The practice of looking for potential "deep-pocket" defendants is common in civil litigation. As such, it is not unusual for a high-profile corporate sponsor to be brought into a claim for injury or damages simply because its name is associated with an event. In these cases,sponsorship liability insurance can protect the corporation's core insurance program or self-insured retention.