Among the many different types of insurance out there is event insurance. There are all different kinds of events that individuals can potentially get an insurance policy for. For example, some people get insurance for a wedding.
Big events can involve a wide range of moving pieces, so there can be many things that don’t go exactly to plan in such events and some such things can have the potential to be very impactful. Event insurance is aimed at providing individuals who are throwing a big event with some protections when it comes to certain types of possible unexpected happenings related to the event.
There are many different types of coverage wedding insurance policies and other event insurance policies could potentially contain, including: coverage for the effects of negative weather, coverage for cancellations/postponements, coverage for the effects of a venue going out of business, liability coverage and liquor liability coverage. What particular things an event insurance policy covers depends on the specifics of the policy.
Given the many types of events event insurance can be obtained in connection to, the many different circumstances that can arise in connection to big events and the many different kinds of coverage event insurance policies can contain, the range of different sorts of claims an insurance company that provides event insurance could potentially end up receiving in connection to event insurance policies is pretty wide.
Given this, there is a great deal of variation when it comes to the types of policyholder disputes an insurance company could potentially end up dealing with in connection to these types of policies.
Whenever an insurer is in a dispute with a policyholder, whatever the type of policy involved and whatever the particular subject/nature of the dispute, handling the matter carefully can be vital. Insurance defense lawyers can help insurers with navigating the various legal issues that can come up in disputes involving event insurance or other types of insurance policies.
Source: New Haven Register, “5 top reasons to protect your investment in your wedding,” April 19, 2016