Although the most common name for this coverage is “wedding” insurance, this type of policy may be used for a graduation, bar or bat mitzvah, anniversary party etc. The purpose of this coverage is help you recoup any loss due to unexpected or emergencies that can arise such as a natural disaster, sudden illness or death of an immediate family member, or even a vendor that doesn’t show up. Some of the additional riders for coverage available are:
Wedding/Special Event Coverage
Wedding/Special Event Coverage
Military Service
Honeymoon
Professional counseling
Gifts
Considering the cost of a wedding in the US, the cost of this coverage is nominal and ranges from $125-$400, depending on the options chosen.
FAQ'S
What is wedding insurance?
A basic insurance policy that covers loss of photo, videos, attire, presents, rings, unexpected disruptions and deposits. this coverage protects your investment from circumstances beyond control, and reimburses expenses incurred.
My wedding was canceled the week before, is there a policy I could have purchased to recover the deposit?
Depending on the option selected, there is coverage for deposits, etc., due to a canceled event. Coverage may be obtained in increments of $1,000, $5,000, etc.
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