Planning your wedding day, can be many things, including, exhilarating, romantic, frustrating, challenging, exciting, complicated and dare I say it, very expensive! But it’s your special day and you want everything to be just like you’ve dreamed it. You also want to make sure that the many moving parts all come together like a puzzle and everything goes on without any issues.
Since there is so much emotion, value and expense on the line, many people have considered protecting themselves and their day by purchasing Wedding Insurance.
Imagine this scenario:
Everyone is at the wedding chapel waiting for you, “the beautiful bride”, but you’re now 20 minutes late, because your Limo has not shown up! Your starting to feel like your special day is beginning to unravel. You paid for your Limo in advance and yet there is no Limo.
What do you do now?
Besides having another Limo standing by as back up, there just isn’t much you can do, is there? Well, there is protection for you that you can arrange in case a similar unthinkable mishap occurs on this special day.
Unfortunately, wedding insurance isn’t going to make that tardy limo magically arrive. Nor will it guarantee you perfect sunny day, but it will provide you with coverage for when a disaster does strike.
You might be asking yourself what exactly is Wedding Insurance?
Essentially, wedding insurance, like many other types of insurance, will provide you with some peace of mind on your wedding day to protect the valuable financial investment you’ve made into your special day. It provides you coverage for things that are sudden and beyond your control.
Why Should I Consider Buying Wedding Insurance?
Your wedding isn’t just any other day. It’s one of the most important and exciting days of your life, so if things were to go wrong, you could suffer severe emotional hurt over those mishaps for years. Just like the other important assets in your life, such as your home, vehicle and other personal assets, your wedding also is going to be a huge financial commitment, which you will want to protect. Our experience makes us your valued advocate in this situation which is why we want to be there for you for advice on how you can protect your wedding day. There is never any obligation and we believe in an educated consumer at all times.
Purchasing wedding insurance may be the best way to guarantee peace of mind on that day by providing you protection.
What is the Average Cost of Wedding Insurance?
At InsureMyWedding.ca, we specialize in customizing a policy for your wedding day that provides coverage for your specific needs. However, generally you should budget for about $200-$500, depending on the size of your wedding, the venue, and the particulars of the event.
What Kind of Things Does the Wedding Insurance Policy Cover?
Many Wedding Venues stipulate that the Bride and Groom must provide Liability cover for themselves, their guests and the wedding facility. In fact some Venues will expect to be added as an “additional insured” on your policy to make sure they are also covered for “typical accidents”.
Prepaids and Deposits
If you have paid in full or in part, for a service such as a limo or photographer/videographer, and they don’t show up to provide for your service, then your wedding policy would provide cover for those funds.
Injury or Illness
If your wedding is cancelled or postponed due to illness of the Bride or Groom, some of the extra expenses incurred for the change of dates may be covered under the Wedding Insurance policy. This circumstance is rarely considered but please talk to us about including it in your policy.
Weather is never dependable, especially in Ontario where things can be hot, cold, dry, wet, stormy or snowy at various times through-out the year. If the weather stops your wedding from happening, wedding insurance would provide coverage. It would help to cover extra expenses to replace flowers, the venue, the photographer and other services.
Photos and Videos
In the event that your photos or videos are lost or destroyed, the policy will provide coverage to repay a photographer to retake the photos, to hire a new photographer or even re-stage the event in case the photographer does not show up. Please consider if this is a coverage your wedding package includes as it may not always be a standard cover.
Your wedding gifts are important and valuable. In many instances the gifts on your wedding day are unattended and can easily be compromised. This can be devastating both financially and emotionally. At InsureMyWedding.ca, we believe that this should be seriously considered and we are happy to discuss this coverage.
A Bride’s wedding dress can be more important to her than all the other details rolled into one so if something were to happen to it, it could be devastating. Usually the dresses are provided by a Special Retailer. Those Companies sometimes go out of business, or that important dress can be stolen or damaged. Your wedding insurance can be a lifesaver in the event that your perfect dress is not available and needs to be replaced or repaired.
Similar to General Liability, many Venues will require that the Bride and Groom provides for Liquor Liability cover in case someone or various people get into trouble or cause damage due to excess intoxication at your wedding. Liquor Liability will help protect you and the Venue from legal exposure from these types of mishaps. This can be a very serious problem and should not be taken lightly or neglected. If your wedding is serving alcohol then you should make sure you are protected.
You spend so much time and money planning for your perfect wedding and that day is so important. We recommend that you at least speak with your trusted insurance broker at InsureMyWedding.ca inf order for you to make an informed decision.
Call or email us today.