Page 34 - Grapevine Jan-Feb 2020
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In The Winery




                                                Stop by & see us at...
                                            The Unified Wine & Grape Symposium
                                                    Booth P1844
                                                  February 4-6, 2020






































                 would be no need to worry about a potential          It’s an easy solution.  More and more commercial
                 increase in rates with a commercial business       winery insurance policies are requiring one day
                 policy (as an winery owner) or homeowners pol-     event insurance for all events hosted at the insured
                 icy (as a bride).                                  winery.  An event liability policy fulfills this require-
                                                                    ment and are easy to purchase and you can direct
              •  Protection and peace of mind for a low cost—       your client to purchase them online or over the
                 there are policies available that start as low as   phone in minutes.
                 $75.
                                                                          EVENT CANCELLATION INSURANCE
                       WHY SHOULD YOU REQUIRE
                      EVENT LIABILITY INSURANCE?                      Another popular event insurance option is can-
                                                                    cellation coverage.  Being in the event industry,
                It protects you. One day event insurance policies   you’ve seen it all. Photographers go missing the day
              are typically primary coverage over your commer-      of the event, gifts get stolen, and hurricanes can
              cial business policy for property damage to your      ruin a perfectly planned event. Event cancellation
              facility caused by your client’s negligence. Your     insurance is becoming increasingly popular because
              facility can be named as an “additional insured” on   it reimburses the event host for lost deposits and
              the certificate of insurance often for no extra cost.   non-refundable amounts if they need to cancel or
                                                                    postpone their special event due to unforeseen cir-
                It protects your customers.  Event insurance is     cumstances.
              an easy and affordable solution that helps protect
              your guests from the unexpected - because when          Examples of unforeseen circumstances include:
              your clients are properly protected, so is your rep-
              utation.                                              •  Vendor bankruptcy.



              Page 32                         The Grapevine • January - February 2020                           877-892-5332





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