Wedding insurance policies are designed specifically to offer financial protection to couples planning a wedding against losses resulting from unforeseen circumstances. This form of general insurance covers damage to your wedding attire or photographs, expenses related to last minute bookings and loss of gifts, among other things. Most policies also cover losses due to the cancellation or postponement of the wedding on account of bad weather, illness, military deployment, sudden death or acts of terrorism.
Weddings usually involve massive expenses on invites, food, catering, attire, florists, musicians and other service providers. Most of this money is lost in the event of any delay or cancellation of the event. This money can be recovered with the help of wedding insurance. Wedding Insurance: What Does It Covers?
Wedding insurance should be bought as soon as you start making preparations for your wedding. However, at times, insurance companies have limitations on how early one can purchase a wedding insurance policy. This policy covers losses resulting due to: # Site: The insurance policy covers the cost of the wedding getting cancelled in case the ceremony and reception site is shut down, damaged or become inaccessible. The site could become inaccessible if the way is blocked by an ice storm. # Weather: The policy covers losses resulting from the cancellation of the ceremony due to extremely bad weather conditions, which prevent the bride, bridegroom or key relatives from reaching the wedding premises. In this case, this insurance covers expenses involved in rescheduling the event and arranging for ceremony flowers, reception food and tent rental. # Sickness or Injury: This policy also covers the cancellation or postponement of the ceremony in case the bride, bridegroom or key relatives get injured or fall sick. # No Show of Service Providers: A wedding may have to be cancelled or postponed in case some essential service provider, such as the officiate or the caterer, does not show up. # Job: If a wedding has to be postponed due to a last minute call for military duty, the insurance company pays for the losses. The policy also covers losses related to the postponement of the wedding due to either the bride or the groom having to relocate due to a sudden corporate move.