What Does Wedding Insurance Covers?
Wedding insurance should be bought as soon as you start planning for your wedding. However, some insurance providers will have limits on how early you can buy wedding insurance.
Wedding insurance covers any loss resulting from:
Site – Check if your ceremony and reception sites already has insurance. If not, Wedding Insurance may cover the amount arising from unavoidable cancellation, if the reception hall burns down, electrical outages, or if it has closed down. At times the policy will also cover rehearsal sites as well.
Weather – Some weather conditions may stop the wedding or the attendance of people who are needed in the wedding. In such cases Wedding Insurance will cover rescheduling the wedding and all the things involved, such as ceremony flowers, reception food and tent rental.
Missing Vendor – What happens if the caterer or officiate fail to turn up? Wedding Insurance can cover cancellation or rescheduling of your wedding day in these circumstances.
Sickness or injury – Wedding Insurance may include sickness for the bride, groom or anyone else vital to the wedding. In such cases, the Wedding Insurance would cover non-refundable deposit costs. Likewise, Wedding Insurance would cover your expenditure if you parents are sick or die, forcing you to reschedule the wedding.
Wedding Insurance
Wedding Insurance is a policy that covers your wedding and saves you from any misfortune or mishap.
Wedding Insurance is relatively cheap with a basic policy available for $125-$500, giving you peace of mind.
Wedding Insurance is still a new concept for many people, but its popularity is on the rise as the cost of weddings increases. It is not rare to hear of a couple planning their wedding for 20 to 30,000 dollars. Unfortunately, not every couple considers Wedding Insurance while they are planning their wedding.
Wedding Insurance is reasonably priced and considering what you are covering, it is great value for money. Weddings usually incur huge expenses for invites, catering, food, attire, florists, musicians and service providers. This money will be lost if the wedding has to be delayed or cancelled, but can be recovered with the help of Wedding Insurance.
Will you need it?
There are some things that Wedding Insurance will not cover, they are listed below:
Change of Heart: Wedding insurance excludes absconding brides or reluctant grooms. Wedding Insurance is only intended to cover events that are not in your control and that make your wedding site inaccessible. Only you have the power of your change of heart.
However, under some circumstances insurance providers will provide certain cover. This is if the policy holder can prove that they are the innocent party. For instance, if the father of the bride finances the wedding and the groom gets cold feet, the policy may cover the father’s losses.
Existing medical conditions: If you mother or father has a constant health condition that gets worse before the wedding day, your policy may not cover the expenses of postponing the wedding day. If someone has their first heart attack that will be covered, but if it is an existing medical condition it will not be included.
Limiting losses: If you do not wish to purchase Wedding Insurance, there are other ways to protect your investment. Better Business Bureau gives these suggestions:
- Research vendors thoroughly: Get references from friends and family and get a reliability report on prospective vendors from BBB.
THE NEED FOR A WEDDING INSURANCE POLICY
Although most weddings go smoothly, Wedding Insurance will provide you with peace of mind. It also helps relieve the financial and emotional burden if a random disaster happens on the most important day of your life.
You can take extra precautions on your wedding day so that everything goes to plan, but even a well planned wedding may have unfortunate circumstances that may cause sudden damage or suffering.
The average cost of a traditional wedding these days in between $25,000 and $50,000 and there is much to lose if anything goes wrong. To give you peace of mind, Wedding Insurance will save your financial future if anything beyond your control goes wrong.
General Information Regarding Wedding Insurance
Wedding insurance:
Event planning includes extra risks relating to civil liability. Essentially, clients may need to pay the legal damages if an accident happens. Emergencies may cause damage to the venue and guests may be injured during a rowdy reception. Wedding insurance protects against liquor-related problems at receptions and wedding liability allows funding to spend on court fees and legal costs if a company or guests decide to sue.
Destination Wedding Insurance:
In some cases, couples will decide to get marries in exotic places such as romantic beaches and distant lands. However, there are extra risks for these people. As a result, some insurers provide travel insurance policies. These plans will deal with some complex issues that may occur if couples decide on a destination wedding.
With many kinds of Wedding Insurance available, it is important that you choose the right one. To help you decide, you should talk to an insurance manager or call your wedding planner to help you choose the right insurance.
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