I know weddings are expensive, but if something disastrous happens, such as the venue burning down 2 weeks before your wedding, wouldn't you want the peace of mind that you're not completely at a financial loss?
What is Wedding Insurance?
Wedding insurance will protect the couple against financial loss for things that are out of their control. For example, if your wedding venue has a fire the week before your wedding and cannot open as happened at Orsett Hall a popular wedding venue in the UK http://thurrock-history.org.uk/orsett.htm
Why pay for Wedding Insurance?
- With the right policy, you could postpone your wedding and receive back all the money you have paid out (less a deductible) including deposits so you can rebook.
- The wedding boutique where you bought your dress goes out of business, but you're paid for 50% of your dress! For example this store in BC https://bc.ctvnews.ca/bride-to-be-left-gownless-after-shop-suddenly-closes-1.1340395 You would be financially compensated to get a new dress.
- Your mom has a car accident and cannot travel to your destination wedding. Your expenses would be covered to postpone.
When should you get Wedding Insurance?
What does Wedding Insurance cover?
1 - Commercial General Liability including Host Liquor Liability for three(3) 24 hour periods. Includes coverage for rehearsal dinner, ceremony, reception and gift opening.
2 - Wedding cancellation: Reimbursement of deposits paid or contracted to be paid because of unexpected cancellation of the wedding.
3- Honeymoon cancellation: Will reimburse if Insured suffers a loss of pre-paid, non-refundable cost of travel due to the cancellation of the actual wedding.
4 - Loss deposit: Will pay for non-refundable deposits made to providers of any booked goods or services if they suffer financial failure.
5 - Wedding photos and video: Payment of the extra expenses necessary to retake the photos if they cannot be reproduced for any reason including non appearance of the photographer.
6 - Bridal attire: Coverage for physical loss or damage to the bridal attire once the property is in the care of the Insured.
7 - Wedding presents: Insurance for direct physical loss or damage to wedding presents (24 hours prior and after the wedding) while property is at the couples home or reception location or in transit between the two.
8 - Rings: Covers physical loss or damage to wedding bands. Coverage starts 7 days prior to wedding.
9 - Wedding Cake and Flowers: Direct physical damage or loss to the wedding cake or flowers seven days prior to the wedding.
10 - Wedding Stationary: Physical damage or loss to the wedding stationary prior to the wedding. Includes invitations, RSVP cards, menus and name cards.
11- Rented Property: Reimbursement of direct and physical damage to rented property used during the wedding reception. It includes, but is not limited to, temporary outdoor shelters, such as tents or marquees, tables and chairs, stages, audio and visual equipment.
What insurance doesn't cover
- Cold feet!
Here are some companies who provide wedding insurance