Page 35 - Grapevine Jan-Feb 2020

In The Winery

• Accident or illness of the bride or groom or an • Non Appearance – if certain individuals (such as
immediate family member. parents, the bride, etc.) don’t show up for the
event, the show must still go on as this would
• Extreme weather (hurricane, named tropical not be covered. Polies do not cover cold feet
storm, etc.). if either the bride or groom change their mind
during the wedding planning process or at the
• Military deployment. altar and decide not to go through with the
wedding.
• Event cancellation insurance also covers addi-
tional expenses your client may incur to avoid START PROTECTING YOUR CLIENTS
cancelling their event, and pays for other losses
or damages such as: It’s easy to start protecting your clients (and your-
self). Request free brochures from Markel Event
• Lost wedding rings. Insurance and provide your clients with an easy &
• Damage to special attire. affordable option to protect their special event.
• Vendor no-shows. Event liability policies start as low as $75 and can
• Lost or damaged photography. be purchased online or over the phone in minutes.
• Lost or damaged videography. Visit www.markeleventinsurance.com/grapevine
• Lost or damaged gifts. to learn more!

The pricing for an event cancellation policy is a lit-
tle more involved as it is based on where the wed-
ding is set to occur and the overall wedding budget.
Policies start as low as $130.
Exactly how much event cancellation coverage does
each event need? Look a look at the chart below
that outlines coverage limits based on the total
overall event budget.

WHAT ISN’T COVERED
UNDER EVENT INSURANCE

With event insurance, some claims would be hard
to disprove. Because of this, many insurance car-
riers will exclude covering certain circumstances
because of the potential increased risk of insurance
fraud.

Examples of circumstances typically not covered:

• Change of heart –Typically if either the bride
or groom get cold feet and change their mind
during the wedding planning process or are at
the altar and decide not to go through with the
wedding, this would not be covered.

• Known Circumstances – Previously known issues
that could affect the event (Example: planned
medical procedure delays or cancels the event).

• Lack of Funds – if the event host is unable to
pay for the planned event.

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