Saving You Money For Life

If you’re planning a small nuptial ceremony with a homemade cake in the backyard, then this insurance policy is not for you. But if your guest list is in the hundreds and the bridal gown is designer, then you may want in on the last development in insurance.

Not just for weddings, special events policies have always been available to protect investments should the special event be cancelled due to inclement weather, ill health or other unforeseeable event. The change is in the new proviso for events ruined by “change of heart.”

As far as event insurance is concerned, it’s almost never too late. Most policies are available up until 24 hours before the event and premiums go for about $100. They cover costs for an event if one of the main participants fails to show up (bride or groom, yes, but also the guest of honor for a birthday or anniversary party, bar or baht mitzvah) including:

* Deposits
* Professional therapy or counseling
* Cancellation fees
* Damage to property (owned or rental) due to weather
* Photographs (if a re-shoot is necessary or if photographs are lost, damaged, stolen or not developed incorrectly)
* Gifts, specialty attire, and jewelry (for damages or replacement if lost, damaged or stolen)

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