Friday, April 13, 2012

Wedding Insurance Reviews

Are you planning for a dream wedding, and looking for a good wedding insurance policy? The wedding insurance reviews discussed in this article, will guide you in choosing one that promises to protect you from financial losses in case any disaster strikes on your big day.

Wedding can be one of the most special events in anyone's life and the wedding day, the most awaited. Everyone takes a lot of effort in planning their wedding day to make sure that nothing goes wrong and their dream wedding is perfect in every way.

 However, you never know what fate has in store and sometimes, tragedy can strike in the form of something as  minor as the wedding photographer not turning up, to something like cancellation of the wedding due to unforeseen circumstances.

 Any of such disasters can lead to a huge burden of financial losses. In such a scenario, the need for an insurance that reimburses the monetary losses incurred, comes to fore. With a good insurance policy, one can easily go ahead and plan for a different date or venue for the wedding. Thus, we see that wedding insurance is one of the essential steps to planning a wedding, and can go a long way in easing away your tensions and guaranteeing a smooth and unforgettable wedding experience.

A wedding insurance policy covers almost every aspect of the wedding ceremony. However, the exact list of items covered, may vary from one insurance company to another and may even differ between different policies by the same company.  The following is a list of the areas covered under most wedding insurance policies.

  • Cancellation or postponement of the wedding or reception due to some unforeseen circumstance 
  • Suppliers not turning up, causing you to spend more money to order flowers or a cake at the last minute   
  •  Any damage to the wedding attire of the bride or the groom
  •  Damaged flowers or a damaged wedding cake
  •  Loss of the ceremonial ring
  •  Loss of or damage caused to the gifts for the guests at the wedding
  • Any major problem with the car or any mode of transport used to travel to and from the wedding venue
  • Accident and sickness cover for the bride and the groom

In addition to these, you can also get the wedding photographs and videos insured as well as apply for medical insurance for the entire family of the bride and the groom, at a higher premium.

Best Wedding Insurance Companies
Now that we have an idea of what wedding insurance is all about, let's see which are the most preferable insurance policies, when it comes to wedding insurance. Just have a look!

Wedding plan
This is, by far, the most popular wedding insurance company, preferred by most couples to insure their dream wedding.   The reason for the popularity of Weddingplan is their value-for-money policies that provide wider coverage at lesser prices.  They have five separate policies that cater to weddings of different budgets: Essentials, Silver, Gold, Platinum, Diamond  and Premier. They also provide optional coverage for public liability, marquee and ceremonial swords.

Second in the list is Ecclesiastical wedding insurance, which covers overseas weddings as well. One great thing about  choosing Ecclesiastical is that it allows you to choose what all you want your policy to cover, from a list of aspects.  This way you only pay for what you want, instead of paying a bigger premium. Also, even if you want to plan for more than one ceremony, you can do so without worrying about the insurance cover.

American Express
While choosing American Express wedding insurance, you have the option to opt for marquee cover and cover for a wedding that will be solemnized overseas. In addition to this, American Express gives you 7 different policies to choose from, based on the estimated cost of your wedding. Also, you need not pay any extra charges for getting your claim processed.

Wedding Insurance
This is also a good insurance company that you can safely bank upon. However, they have included certain clauses as to what all are excluded from the insurance coverage. One important point is that you need to be very careful in stating the value of each commodity or service beforehand, on the insurance policy application form. This is because in case you need to claim money for any of these, you won't, under any circumstances, be entitled to a sum greater than that stated by you initially on the form.

Before zeroing in on a wedding insurance policy, make sure that you read all the terms and conditions. Also, it is essential to have a clear idea of your wedding budget as this will make it easier for you to choose a policy to suit your needs.  Hope this article, with its wedding insurance reviews, helps you choose one. So, set your worries aside and enjoy the beautiful experience your wedding is meant to be!

By Mukulika Mukherjee

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