Every year, there are approximately more than 2 million weddings in the United States. Did you know that June is one of the most popular months of the year to get married? Newly engaged couples spend countless months, and in some cases years, preparing for their big day. It is one of the most romantic days a couple can share together…but for some, it can be the complete opposite.
Newly engaged couples have had the option of taking out wedding insurance which helps protect them from unforeseen circumstances that could ruin their big day. Does this type of insurance cover “cold feet?” It would be nice to make sure that you get your money back if your special someone leaves you at the altar. But the answer to that question, for now, is no.
Typically, wedding insurance will not cover cold feet, but it can provide coverage for a number of reasonable exposures as it relates to the planning and implementation of your actual wedding day.
In the past few years, the demand for this kind of insurance has resulted in some companies expanding their appetite to insure “events.” In fact, this can be done for as little as $160.00. You can also add liquor liability as required by most venues for an additional $125.00
Here are some things you can cover by buying wedding insurance:
- Lost deposits
- Damaged wedding dress
- Damaged jewelry
- Ruined photography and video
- Liability for your guests
Your wedding day is supposed to be the most important day of your life. The time and money that’s involved in planning an event like a wedding is extensive. Products like this are available and can help save the day in case something goes wrong! Wedding insurance may not seem like the most romantic thing, but it’s better to be safe than sorry right?
Talk to your trusted insurance advisor about what wedding products they may have available.
By Robin Price
