Coverage G: Loss of Deposits
We will indemnify you, in excess of the deductible, for:
- Any deposits paid by you or the honoree for the event related to transport, catering services, accommodations (including travel arrangements and accommodations for a honeymoon, if applicable), special attire, special jewelry, flowers, event photographs and videos, and entertainment expenses, which are non-refunded as a direct result of a cessation of business operations prior to the event by the providing vendor; and
- Any deposits paid by you or the honoree for travel arrangements and accommodations on cruise ships which are non-refunded as a direct result of a cessation of business operations prior to the event by the providing vendor, provided that the event was to be held on the cruise ship designated in the declarations page.
Exclusions
We will NOT indemnify you for any of the following:
- Any sum for which an amount has been paid under Coverage A of this policy;
- Any lost deposits relating to event photographs or videos, if payment is made for the cost of retaking the photographs under Coverage C of this policy;
- Any lost deposits relating to event gifts, if payment is made under Coverage D of this policy;
- Any lost deposits relating to special attire, if payment is made under Coverage E of this policy; or
- Any lost deposits relating to special jewelry, if payment is made under Coverage F of this policy
The maximum amount we will indemnify you for under Coverage G is the amount stated in the declarations page for “Loss of Deposits”, regardless of the number of claims made under the policy.
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