When we started to plan our wedding, we had a very particular place in mind – the place we have visited before and fell in love with… Imagine our disappointment when we learned that the place was closing down because of the developer’s bankruptcy. Well, at least we have not lost our deposits, we kept thinking to ourselves. And, then, it occurred to me – what do you do if the place where you put the deposit down, goes out of business (and in this economy, you just never know), what if the hotel destroyed by the hurricane and is closed down for renovations for a year? What if the airline cancels all the flights because of the weather? The answer is simple…
Buy wedding insurance…
There are several companies who offer wedding insurance. Coverage of each policy will differ so make sure you read the policy prior to purchasing. All offer coverage for cancellation & postponement up to the amount selected by you. Other coverages to consider are: Extra Expense (if you have to spend additional money to re-book or re-schedule the event), Photo & Video, Gifts, Special Attire, Special Jewelry, Loss of Deposits, and Counseling (on some policies).
http://www.wedsafe.com
http://www.protectmywedding.com
http://www.nasep.org/wedding-coverage-summary.html
http://www.fdeanfl.com
http://www.firemansfund.com
http://www.onedayevent.com
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