Event Insurance Coverage Details – Extra Expense
See Full Event Cancellation / Postponement Plus Insurance Sample Policy
| Coverage A: | Event Cancellation | Coverage B: | Extra Expense | |
| Coverage C: | Event Photographs and Video | Coverage D: | Event Gifts | |
| Coverage E: | Special Attire | Coverage F: | Special Jewelry | |
| Coverage G: | Loss of Deposits | Coverage H: | Professional Counseling |
Coverage B: Extra Expense
We will indemnify you, in excess of the deductible, for extra expenses not originally contemplated or anticipated that are incurred by you or the honoree to avoid an otherwise necessary cancellation or postponement of the event, but only to the extent it reduces the amount of loss that otherwise would have been payable under Coverage A.
We will pay only for comparable items, services or locations. The replacement items, services or locations must cost the least amount necessary to proceed with the event.
The maximum amount we will indemnify you for under Coverage B is the amount stated in the declarations page for “Extra Expense”, regardless of the number of claims made under the policy.
The information contained here is for illustrative purposes only and coverage under the Private Event Insurance Program is expressly subject to the conditions, restrictions, limitations, exclusions and terms of the policy documentation issued by the insurer. Availability of this program is subject to each state’s approval and coverage may vary by state. This program is underwritten by Markel American Insurance Company.
