Wedding insurance is something not everyone has heard of. As its name suggests it is insurance for all things related to your wedding. Sometimes uncalled disasters can happen to your wedding plans and you may incur quite a bit of a loss. In such cases a wedding insurance may come in handy.
Why do you need it?
There are many instances where weddings have been cancelled or postponed due to many reasons. Some of the common problems include weather, sickness, absence of important people, problems at the venue, etc. Most of these problems are unavoidable like weather changes and sickness; and despite our all preparations; the worst happens. In these times, we tend to get frustrated over lost days and money. Wedding insurance cannot bring back the particular dates or days but can definitely help in recovering some of the amount that you have lost.
What are the different things that your wedding insurance can cover?
Some of the main things that your wedding insurance can cover are listed below:
No-show services: it is an absolute disaster if some major service decides not to show up on your wedding day; caterers, decorators, the shamiana arrangers, etc. Your wedding insurance can cover the amount that is lost due to cancellation or postponing the event.
Work absence: if you or your spouse are suddenly required to report to duty (for e.g.: a military post); then your wedding plans will inevitably be postponed or cancelled. This policy also covers charges if your or your spouse’s company gets relocated at the last moment. An insurance policy can help you recover the cost of your wedding in such a case.
Weather: if you live in a city with unpredictable weather conditions that could ruin all your wedding preparations or if the wedding is scheduled during the monsoon season; then opting for this policy would be a good idea.
You can also ask for compensation in case the bride or the groom or any important family member falls sick or gets injured suddenly and leads to the wedding getting postponed.
You can ask your insurance agent for further details regarding the different types of wedding insurance, and what all do they cover and how each of these can benefit you at the time of need.
Wedding insurance may seem unnecessary and a waste of money, but it is always better to be safe than sorry.