Historically, as a venue destination, your exposure to losses related to the selling, serving, or furnishing of alcoholic beverages was marginal. You could operate day-to-day as a VFW, fire hall, church, museum, or art gallery, host events where alcohol is involved, and rely on a standard form commercial general liability insurance policy to help protect you from losses arising out of over-serving a guest, serving a minor, or selling in violation of liquor sale and distribution laws. Such reliance was reasonable, and coverage was typically provided in these scenarios, because these VFW and fire halls were viewed solely as non-profit organizations, and not being in the business of “manufacturing, distributing, selling, serving, or furnishing alcoholic beverages.”
It is important for your organization to be more thoughtful about how your risk management initiatives address the risks arising out of your events, fundraisers, and host operations.
White Paper: Your Commercial General Liability Policy, Liquor Liability Exclusion, and Evolving Exposure as an Event Host or Manager: What You Need to Know
If you need a comprehensive review of our risk management with one of our Experts, please contact us.
Please note that the information contained in this posting is designed to provide authoritative and accurate information, in regard to the subject matter covered. However, it is not provided as legal or tax advice and no representation is made as to the sufficiency for your specific company’s needs. This post should be reviewed by your legal counsel or tax consultant before use.