Insurance has always been an option for anyone looking to protect themselves (and their properties) from unpredictable situations like accidents. Usually, insurance covers cars, houses, certain home equipment, gadgets, and even yourself. But do you know you can insure important events like your wedding? Wedding insurance is an untapped mine for couples looking to exert more safety on their big day. Here’s all you need to know about wedding insurance:
What is Wedding Insurance?
Wedding insurance is event insurance that protects you from losses and damages that may occur during your big day. Nobody plans to experience loss during their wedding. However, it could occur because of unforeseeable events that are beyond your control. Wedding insurance covers the cost of losses and worries, allowing you to focus on getting married to the love of your life.
Why Should Couples Get Wedding Insurance?
Many couples have yet to accept the idea of ensuring their wedding; some believe it wastes resources that can help fund other things. However, wedding experts advise couples to ensure their wedding is within their budget for many beneficial reasons.
A common case highlighting the need for wedding insurance is the era of the COVID-19 pandemic. When the world stood still against the infectious coronavirus, every business and event was forced to reschedule.
Since a wedding falls under event insurance, there are two kinds, which are liability and cancellation insurance, and couples can choose either or both insurances. The liability insurance protects the couple against damages caused by guests or themselves. It also provides legal fees in case you get sued during your wedding. Similarly, cancellation insurance protects couples against lost deposits.
What Does a Wedding Insurance Cover?
Depending on your insurance plan, your wedding insurance is expected to cover the following:
The Wedding Reception
Your wedding reception is an important part of the event that contributes to its success and, hence, should be protected. For instance, if you fail to hold your wedding because of a power outage or an unavoidable event, you do not have to worry about refinancing it.
The Couple’s Health and Safety
No one plans to break an arm or a leg during their wedding, but these things happen in reality and can prevent you from saying, ‘I Do’. A wedding liability insurance policy covers damages that may arise because of the injury.
No-show vendor
Next to not fitting into your dream gown, a no-show vendor is among the top reasons every bride fears during their wedding. Perhaps your vendor fails to arrive with your cake. What do you do then? Wedding insurance protects you from no-show vendors’ disappointments.
Contact Justice Lydon & Co. in Boston
Most wedding insurance offers a wide range of coverage, preparing couples for future losses, damages, or lawsuits. However, it’s important to know that wedding insurance rarely covers wedding and engagement losses, damages, or canceled events because of a change of heart in either of the couple. Looking to join many couples with wedding insurance, reach out to Justice Lydon & Co. today for a plan best suited to your needs. We are more than happy to answer any questions you may have about planning your wedding and wedding officiant needs.
