Friday, 12 February 2010
Wedding Insurance for Valentine’s Day?
Valentine’s Day is one of the most popular days for engagements and as couples start making wedding plans they should seriously consider wedding insurance. Weddings can get rather expensive and it is important to cover an event that could have so many unexpected circumstances.
Travelers Companies, Inc. say that 62 percent of their wedding insurance claims in 2009 were because of vendor and venue problems. Usually the problem was a result of a vendor going out of business; flowers went undelivered, caterers and DJs didn’t show up to receptions much to the dismay of many couples.
Last year the number of businesses that went bankrupt more than doubled. And as the economy continues to remain in the current state, anyone hiring a vendor should consider getting insurance to protect that special day.
Wedding insurance will cover lost deposits, cancellations due to weather, lost or damaged photographs, wedding attire, travel delays, broken gifts and host liability concerns. This will protect any couple’s investment in a business or vendor while covering uncontrollable events. Wedding insurance helps protect couples finances, not increase them.
So this Valentine’s Day don’t just get the ring, also purchase the insurance coverage.
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