Marriage Insurance: Protecting Your Future Together

Marriage is a union of two individuals who come together to build a life together. While this union is meant to bring joy, love and happiness, it is also important to plan for the unexpected. Marriage insurance, also known as wedding insurance, is a type of insurance policy designed to protect couples against the financial losses that may arise from various unexpected events leading up to and during the wedding day.

Marriage-Insurance-Protecting-Your-Future-Together

Why is Marriage Insurance Important?

Wedding planning is a complex and often expensive process. From venue rental, vendor services, dress and tuxedo rental, to catering, there is a lot that goes into creating the perfect day. Unfortunately, there is always a chance that something can go wrong. Whether it's inclement weather, vendor bankruptcy, or other unforeseen circumstances, wedding insurance can provide financial protection in the event of a crisis. This peace of mind can help couples focus on their special day without the stress of potential financial loss.

What Does Marriage Insurance Cover?

Marriage insurance policies vary, but most will cover a range of unexpected events. Some common examples include:

Venue cancellations: If the venue is suddenly unavailable, marriage insurance can cover the costs of rescheduling or finding a new venue.

Vendor cancellations: If a vendor such as a photographer or florist fails to show up, insurance can cover the cost of finding a replacement.

Weather disruptions: Inclement weather can wreak havoc on outdoor weddings, but insurance can cover costs such as tent rental or rescheduling fees.

Lost or damaged wedding attire or jewelry: Insurance can help cover the cost of replacing lost or damaged items.

Injury or illness: If a key member of the wedding party becomes sick or injured, insurance can help cover costs such as deposits for cancelled services.

How Much Does Marriage Insurance Cost?

The cost of marriage insurance varies depending on the coverage, the cost of the wedding, and the location. On average, wedding insurance policies cost between 1% and 5% of the total wedding budget. It is important to carefully consider the coverage options and choose a policy that fits your budget and your specific needs.

Final Thoughts

Marriage insurance is a smart investment for any couple planning a wedding. By providing financial protection against the unexpected, couples can enjoy their special day without worry and start their lives together on a solid financial foundation. To get started, compare policies from different insurance providers, and be sure to choose a policy that meets your specific needs and budget.

Marriage Insurance: Protecting Your Future Together