If you are looking for special event cancellation insurance, you may wonder what is going to be covered when you purchase the plan. Each policy will be a little bit different, but the goal is to insure against some of the financial loss that can come up when you must cancel, interrupt and postpone a covered event as long as the source for cancelling the event is covered in the policy.

Most policies are going to cover you and provide reimbursement for some of the following expenses if the event needs to be postponed or canceled:

1. Nonrefundable down payments: Some of the items that you will need for the event, such as the florist and venue, will require a nonrefundable down payment for the event. You can be reimbursed by your insurance provider if you need to cancel and can’t get those deposits back.
2. Special attire for the event: If there are costumes or something similar that is destroyed or other damages because of the cancellation, you can utilize your insurance to help.
3. Jewelry: This can include things like wedding rings, a wedding tiara, or other jewelry that is lost or damaged at the event. It can even help to cover the jewelry for a certain amount of time after the event in case an accident happens.
4. Gifts: This could include something like special tokens that you were going to give to those in the wedding party.
5. Counseling: If you end up having to go to some counsel due to some of the distress that could come from canceling or postponing your event, then you could use this insurance to help out with some of the costs that come with that.
6. Military deployment: IF you need to move the event because you or a loved one gets deployed, some of the event cancellation insurance policies will be able to cover some of the fees that will get lost in the meantime.
7. Covid-19: If you need to cancel the event due to Covid-19, then you may be able to find a policy that will help cover some of those losses.

You will need to take a look at your specific special event cancellation insurance to see what options are going to get covered in your insurance policy. This can give you the specific rules you need to follow and all of the items that they are willing to pay when you need to cancel the event. You can go through and pick the right policy that helps you get coverage for any of the events you need help with.