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What is Wedding Insurance and Do You Need It?

Updated on April 13, 2017
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Sadie Holloway is a workshop facilitator who teaches interpersonal communication skills to help people strengthen their relationships.

The more money you plant to spend on your wedding, the more you should consider wedding insurance.

If you have to cancel your wedding on very short notice, the banquet hall and caterer will still need to be paid. If you purchased wedding insurance you might be protected against unexpected expenses and cancellation penalties.
If you have to cancel your wedding on very short notice, the banquet hall and caterer will still need to be paid. If you purchased wedding insurance you might be protected against unexpected expenses and cancellation penalties.

If you have become recently engaged to the love of your life, congratulations! This is an exciting time in your life full of many wonderful moments in the present, happy days to dream about in the future and blissful memories to look back on as you reflect on all the things that told you your boyfriend or girlfriend was "the one."

But no matter how secure and stable you feel your relationship is, nothing can protect you from having your heartbroken as you get ready to walk down the aisle. No, I'm not talking about making sure that your fiance shows up at the altar -- that's something that only the two of you can work out.

I am talking about protecting yourself from the heartbreak of having something unforeseen happen on on before your wedding day that causes your wedding to be called off or postponed. After all your detailed planning, having to cancel your wedding will surely be disappointing. But the good news is that you can protect your pocketbook from taking a hit, by investing in a wedding insurance policy.

Note: This article on wedding insurance is for general information purposes only. Always consult a qualified insurance broker to discuss your individual circumstances.

What is a wedding insurance policy? A wedding insurance policy covers you against unforeseen events that can disrupt, delay or destroy what should be the happiest day of your life. (Note: If the bride or groom gets cold feet before the big day, unfortunately there’s no insurance to cover a bad faith break-up.)

Some couples happily heading to the altar will spend thousands of dollars on their wedding ceremony, reception and honeymoon. Having a way to safeguard the money you've already invested can bring added peace of mind, so that you can enjoy your big day without a financial hangover, should things take an expected turn sideways.

 If your wedding is taking place at a far away, exotic destination, wedding insurance might be a good idea.
If your wedding is taking place at a far away, exotic destination, wedding insurance might be a good idea.

What does a wedding insurance policy cover? If you think a wedding insurance policy might be a good idea for you and your beloved, here are some things that may be covered:

  • Illness or Injury – If people who are an essential part of your wedding ceremony, including the both of you, your parents or members of the wedding party, should fall ill or get seriously injured and the wedding has to be postponed, you may be covered for expenses related to cancelling the catering, event rentals, flowers and musicians.

  • Liability – If you’re hosting your wedding ceremony and reception at a rented site such as a hotel or banquet hall, the site operators should have adequate liability insurance in case someone gets hurt or injured on their premises. If, however, you are hosting the wedding and reception in your home or another private residence, you will want to make sure you have adequate liability insurance in case something happens to one of your guests at your wedding.

  • Venue – A wedding insurance policy can protect you from loss due to floods caused by plumbing malfunctions, fire, electrical or mechanical problems that may force you to change venues at the last minute.

  • Weather – If your wedding ceremony and reception has to be delayed due to heavy rain, snow or other inclement weather issues, a wedding insurance policy may cover the cost of rescheduling your event.

No one can predict thye weather with 100% accuracy. If you are planning an outdoor wedding ceremony, a wedding insurance policy is worth looking into.
No one can predict thye weather with 100% accuracy. If you are planning an outdoor wedding ceremony, a wedding insurance policy is worth looking into.

Consider investing in a little piece of "peace of mind." For more information on the types of wedding insurance available, contact a qualified insurance broker. Before you decide to purchase an insurance policy, take time to read and fully understand what the policy will and will not cover. Consider the money you plan to spend on your wedding and assess whether the cost of the policy outweighs the financial cost should your wedding be cancelled or disrupted by unforeseen events.

Congratulations! You're married now! If you are lucky, your wedding didn't involve any unexpected emergencies. But if it, and you bought wedding insurance, you made a smart choice!
Congratulations! You're married now! If you are lucky, your wedding didn't involve any unexpected emergencies. But if it, and you bought wedding insurance, you made a smart choice!

© 2017 Sadie Holloway

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    Louise Powles 6 weeks ago from Norfolk, England

    That's interesting. I had no idea you could get wedding insurance. I've never heard of it before. But it's certainly well worth knowing. Thankyou.

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