Preparing and planning for your wedding can be very hectic. Planning for the details and the budget for one of the life’s most important events obviously requires a lot of effort, as you don’t want anything to go wrong on that special day. However, no matter how much you plan or pray for everything to go smoothly, things might not always work your way.
Weddings generally do take place smoothly, but then again there are several hundred cases where small or big misfortunes have taken place to the woe of the bride and groom. Mishaps, such as the loss of wedding rings or the postponement of the wedding itself, can mean immense financial loss apart from emotional stress. While you can’t control everything in your life, but you can definitely prepare yourself to cover any financial loss with the help of a wedding insurance policy.
What does wedding insurance do?
Wedding insurance is there to protect you from the unforeseen mishaps related to your wedding that can result in your financial loss. As the average wedding cost can be anywhere between $27,000 to 30,000, it is always better to have some sort of protection against any kind of misfortune. A wedding insurance can cost very less and is calculated based on your specific wedding cost. Though wedding insurance would add just a little more to your wedding budget, it’s really worth taking it rather than having no insurance, and be tensed up before the big day arrives.
What does wedding insurance cover?
A wedding insurance policy can cover from the very basic to each and every possibility of mishap related to your wedding. From the cancellation of the event to the damage of the bride’s gown, every significant financial loss is typically covered by a wedding insurance. It also covers liability costs and other miscellaneous damage costs. However, every policy is different, and you should read and understand your particular policy before buying it, to ensure you are really covered.
The different wedding insurance coverage that you can get, are as follows:
1. Hostile weather conditions:
If your wedding has to be postponed due to bad weather conditions, then you would be reimbursed for rescheduling the event. Keep in mind that normal wind and rain should not be the reason, the weather conditions should be bad enough for real inconvenience of the guests to attend the wedding, or the wedding event to take place.
2. Emergency medical conditions:
If the crucial people of the wedding ceremony fall sick or get injured, due to which the wedding has to be rescheduled, you’ll be reimbursed.
3. Wedding venue:
If your wedding venue is not insured, then your wedding insurance should cover you, in case the reception can’t be held on the site due to fire, construction damage, or for going out of business before your wedding. The insurance will reimburse your lost deposit money so that you can book another site, or reimburse the costs for rescheduling your wedding.
4. Absent wedding officiant:
If the high priest, minister or the wedding celebrant does not show up to conduct your wedding, the insurance will pay you to arrange for someone else.
5. No-show vendors:
If vendors like the caterer, hair and makeup vendor, florist, etc, fail to show up, then the loss of deposit amounts are compensated.
6. Wedding essentials:
If the bride’s wedding gown, the groom’s wedding suite or tuxedo gets damaged; the insurance pays out to cover for it. The wedding rings are also covered under the wedding insurance policy. However, your engagement ring might or might not be covered, according to your particular policy.
Wedding insurance can be crucial if you are unfortunate enough to face any kind of adverse situation on your special day. It’s always better to guard yourself with a proper wedding insurance policy. So, be insured and ward off those worry lines from your forehead and be all smiles on your wedding day.Blog Category