Advertisement
Insurance

The Wedding Day: Get It Insured

It's rare for any big day to launch without a hitch and weddings are no exception.

It's rare for any big day to launch without a hitch and weddings are no exception. The DJ may forget the music; the wrong cake  figurines are ordered. While these snafus are rather harmless, what if a vendor goes out of business with your cash in hand but no delivery or service.

A wedding insurance policy protects you against financial loss should these mishaps occur.

Advertisement - Article continues below

The BBB reports higher incidence of vendor-related insurance claims last year as more small businesses folded under the credit crunch.

Policy options also cover cancelation costs due to weather, health issues and military deployment. You may be hard-pressed to find a policy that covers a no-show from either the bride or groom, but try Fireman's Fund for this option.

How to choose options? The Knot advises to ask about your vendors' policies which may provide some coverage on your behalf. This way you're not paying for double coverage.

For more tips on wedding planning and money see:  5 Smart Steps to the Altar

Advertisement
Advertisement

Most Popular

What Trump's Payroll Tax Cut Will Mean for You
Tax Breaks

What Trump's Payroll Tax Cut Will Mean for You

President Trump issued an executive order to suspend the collection of Social Security payroll taxes. How much will it save you?
August 10, 2020
What a Payroll Tax Cut Would Mean for You
Tax Breaks

What a Payroll Tax Cut Would Mean for You

If Congress can't pass another stimulus bill, President Trump says he will initiate a payroll tax cut by executive order. How much would that save you…
August 8, 2020
Drawing Down Retirement Savings in a Pandemic
Coronavirus and Your Money

Drawing Down Retirement Savings in a Pandemic

Tapping the right accounts at the right time matters. Knowing how much a retiree can spend each year without running out of savings in old age is even…
August 7, 2020

Recommended

The Insurance Company Denied My Claim. What Should I Do?
insurance

The Insurance Company Denied My Claim. What Should I Do?

A lawyer specializing in insurance bad faith law explains why this happens, and outlines how to fight back.
August 6, 2020
Time for an Insurance Review
Coronavirus and Your Money

Time for an Insurance Review

You may need to update your policies in light of COVID-19.
July 30, 2020
Insurance Question: Say Rioters Destroy My Business, Am I Covered?
insurance

Insurance Question: Say Rioters Destroy My Business, Am I Covered?

If you ask your broker, the answer may be no. But don’t just accept that response. Know what your policy covers, and how to protect yourself.
July 29, 2020
Applying for Disability Benefits During a Global Pandemic
insurance

Applying for Disability Benefits During a Global Pandemic

It can take months or even years to get approved for Social Security Disability Insurance (SSDI) benefits in the best of times. Needless to say, now i…
June 24, 2020