Revenue Protection Program: Summary of Protection
California Fair Services Authority (CFSA) administers a Revenue Protection Program that reimburses participating fairs for certain revenue interruption losses from a segregated risk pooling arrangement.
The program’s fee structure takes a number of different event factors into consideration, such as the level of risk associated with the length of an event: Lower fees are assessed for events with fewer days, and higher fees for events that run through multiple weekends.
The “Memorandum Describing the Revenue Protection Program Administered by the California Fair Services Authority” should be used to determine the actual protections, maximum limits, conditions, limitations and definitions for the Revenue Protection Program. A copy of this Memorandum is available in your fair’s Red Book (Claims and Loss Reporting Guide) under General Liability, Tab 5, or from Tom Amberson, CFSA’s Risk Department manager, at firstname.lastname@example.org, (916) 263-6180. Here’s a look at the program’s Summary of Protection, which is also available in your fair’s Red Book.
If you have specific questions regarding the Revenue Protection Program, please contact Mario Castagnola at (916) 263-6145, email@example.com.