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nAtionAL trUst insUrAnCE sErviCEs offErs burden to keep track of insurance compliance.
Often lessees do not know how to procure their
own insurance and/or purchase insurance that fails
LhAt mEmbErs mAny bEnEfits to comply with the venue’s requirements. A TULIP
program provides a single, streamlined platform
tEnAnt UsEr LiAbiLity insUrAnCE PoLiCiEs (tULiP) that ensures lessees can easily and quickly procure
affordable protection.
One of the largest “risk exposures” that exists in the theatre industry involves facility rental to third party How does it work?
entities (i.e. weddings, corporate events, third party artists/performances, etc). Often these third party entities After the venue is enrolled, a unique web address is
have a hard time producing adequate proof of insurance (and/or they balk at the cost of such policies). Without established for the venue. The venue can share this
proof of such policies the theatre organization is potentially liable for the actions of these third party entities. website with any prospective lessee so that they can
Aware of this exposure, NTIS has created a very easy to use TULIP (Tenant User Liability Insurance Policy) directly procure their own insurance. Typically, it
program. Enrollment in this program is free and there is no cost to the theatre/venue. takes less than 5 minutes to generate and pay for the
lessee’s policy.
What is a TULIP?
TULIP, or Tenant User Liability Insurance Policies, are a simple solution for venues or facility owners to set What is the Venue charged to be enrolled?
up annual policies covering third-party liability for their lessees when holding events. The coverage, which There is no charge for the venue to be enrolled. Only
is purchased directly by the lessee via the HCC TotalEvent online system, provides the proper insurance the lessee is charged.
(as dictated by the venue’s requirements). Ultimately, these policies are used to hold the venue harmless for
incidents occurring during events. How to get started?
Getting started is extremely easy. All that is needed is
Why should Rental Venues enroll in TULIP programs? a one-page application and a sample rental agreement.
For venues that rent their facilities to third-parties on a regular basis, it can often be a tremendous administrative With this information, a TULIP can be established,
and the unique web address can be generated. You can
download the application by visiting Historic Theatre
Insurance Program page on the LHAT website at
https://www.lhat.org/program-services/insurance-
program.
INTEGRATING
About NTIS
In 2003, the National Trust for Historic Preservation ORCHESTRA LIFT
created a new for-profit subsidiary, National Trust
Insurance Services, LLC (NTIS), to meet the AND STAGE
challenging insurance issues facing historic properties
across this country. In short, National Trust Insurance TECHNOLOGY
Services is a specialty broker/agent. Since the National
Trust for Historic Preservation is not an insurance MADE SIMPLE
organization (but rather a preservation organization),
the insurance firm of Maury, Donnelly, and Parr
(MDP), which has been protecting their clients’
assets since 1875, administers NTIS and holds all
appropriate insurance licenses. NORTH AMERICA
Tel: +1 760 738-5555
Toll free: 1 866 647-5046
To find out more about LHAT’s partnership galaamerica@galasystems.com
with NTIS for your property and liability
insurance needs, go to www.lhat.org/ CHRIS SHAW
program-services/insurance-program cshaw@galasystems.com
PAGE 16 | INLEAGUE League of Historic American Theatres Historic Theatre Resource Guide / Allied Member Directory November 2022 INLEAGUE | PAGE 17