What is wedding insurance? It is a type of event insurance that protects you from losses in certain situations involving your wedding day. And this could be unforeseen events caused by damage or an accident causing someone to be injury at a wedding for which we recommend this accident attorney who can help you and the victim get a fare compensation. Like other types of event insurance wedding, wedding insurance is designed to protect you from various potential losses associated with your wedding day. Generally, these events fall under liability coverage. However, the cost of wedding insurance depends on the number of guests attending. the least expensive policies available can cost under $100 for liability coverage only and larger policies can cost over $1,000 for cancellation insurance.
Wedding insurance does not usually cover you if you suddenly can’t afford your wedding. And also, you have to know that wedding insure are for things that are not within the couple’s control. So, it doesn’t cover when the couples decide to stop the wedding. The policy also will not pay if the change of heart occurs less than 365 days before the first covered event. In addition to this, some wedding insure policies cover liability for 24 hours and others only cover you until midnight or 2am.
What is wedding Cancellation/postponement Insurance
This is a policy that protects the non-refundable deposits on everything related with the wedding if it is being cancelled or postponed for some reasons. you might lose this investment if you were forced to reschedule your wedding at the last minute and lost all of your non-refundable deposits. To avoid this, you can have a policy with WedSafe’s Wedding Cancellation insurance. They provide you with financial losses and expenses including lost deposits or other charges you have contracted for.
Benefits of a Wedding Insurance
Most of the time people’s efforts and time go into planning a wedding. And a wedding insurance company knows all kinds of things that can go wrong. So, when you have a wedding insure policy, you are protecting yourself, your spouse, and your family from significant potential losses. The cost of wedding insure is less expensive compared to the wedding cost and the risk involved. Having a wedding insure prevent you from sustaining financial loses in case something bad goes wrong.
What Wedding Insurance Does Not Cover.
You can get a Wedding Insurance policy to cover anything outside your control or things you didn’t plan for. But most policies do not pay for things like the following below.
- Theft or loss of engagement ring.
- Cold feet or a change of heart, with few exceptions.
- A rainy day, rather than extreme weather.
- Deciding to switch to a different vendor, like the caterer or florist.
Some insurers may still offer you a policy but exclude problems involving these types of attractions. Note, if your wedding includes fireworks, bounce houses, live animals or other attractions insurers find risky. You could be declined for a policy. I hope this article was helpful.