Everybody wants a perfect wedding day. The flowing, shimmering gown, the sleek, handsome tuxedo, sparkling rings, fairytale-like venue, sumptuous food, generous gifts, happy guests and, above all, precious memories. From walking down the aisle to dancing the night away, every one of us dreams of having a beautiful nuptial ceremony.
But disasters do happen, and when uncontrollable situations take place, this once-in-a-lifetime occasion may suddenly turn into a disastrous moment. Luckily, there’s Wedding Event Insurance to keep you protected should the unthinkable happen. But, do you need this special insurance coverage?
Think about ruining your wedding dress due to a spilled glass of wine. Or having one of your immediate family members getting sick, thus unable to attend the event. Worst, your venue was damaged by a recent disaster caused by fire. Things like this can devastate your big day along with the investments you’ve made for that special occasion.
This is where Wedding Liability Insurance comes to the rescue. It is a particular type of policy that protects soon-to-be couples from uncontrollable circumstances. It provides coverage against financial losses should the wedding ceremony gets canceled or postponed. Wedding Event insurance helps pay for damages incurred or reimburses expenses made such as deposits for the venue, caterer and other services related to the ceremony.
There are many instances where Wedding Event insurance becomes extremely important. Consider these real-life scenarios:
Example 1
Example 2
Depending on the amount of coverage, wedding insurance cost anywhere from $155 to $550. A basic policy often includes fundamental elements such as videos, photos, attire, rings, presents and monetary deposits. For a more comprehensive coverage with accidental claims of up to $1,000,000, one can add a General Liability Insurance policy that usually starts at $185.
There are two types of Wedding Insurance Coverage that can be purchased separately or together as a package. Keep in mind that each policy provides different coverage limits:
Wedding Liability Insurance – it pays for damages to the venue caused by the couple or their guests during the event. It also offers an extra level of protection by providing coverage for medical expenses should someone get sick or injured during the wedding as well as Liquor Liability insurance for drunk guests.
Cancellation or Postponement – this policy aims to reimburse associated costs and expenses should the couple decide to cancel or postpone the ceremony. Acceptable reasons include extreme weather condition, illness, injury or other situations beyond control.
Other coverage options can be purchased individually or as an add-on to the existing policy. This includes the following but not limited to deposit coverage, military or work deployment, honeymoon, emotional distress, single deposit for vendor and many more.
Although Wedding Event Insurance protects you from a lot of things, some exemptions are not covered by the policy:
Cold feet or change of heart
Theft or loss of the engagement ring
Watches, jewelry, precious and semiprecious stones
Change of vendor after deposit
Offering flexible and diverse protection for the groom, bride, immediate family, and friends, Wedding Event insurance gives everyone a total peace of mind. With this policy, rest assured that no money is wasted from unlikely situations that are beyond your control.