Before taking a break for yesterday’s announcement, we were discussing how to go about canceling a vendor you may have issues with, or in the unfortunate event you have to cancel or reschedule your wedding completely. In today’s article, we’re going to take this a step further, and talk about how to protect yourself and your family financially from the unthinkable with event insurance.
This is a topic I’m a bit passionate about since I’ve experienced what happens when you don’t have event insurance first hand. Sue and I had worked really hard on our wedding, paid thousands of dollars in deposits, and things were going along really well. Perhaps a little too well. Just before our wedding day arrived, we had a family emergency. My mother became ill and was hospitalized (no need to worry she was out about 10 days later and returned home). We postponed the wedding on short notice – and in the process we lost thousands of dollars of deposits and incurred some major penalties as well racking up tens of thousands of dollars of costs.
We not only had to start planning again, but saving up to replace the lost money and start over again. In all honesty, in hind sight, we would have been FAR better off had we simply taken the time to purchase event insurance. Event insurance is designed to protect you from unfortunate incidents like ours, as well as many other issues that may arise. A venue burns down just days before your wedding – what do you do? A hurricane threatens your wedding day and location? What now? Military deployment? Sickness? Flu pandemic?
Insurance is designed to protect you from monetary losses when something bad happens. Since Sue and I had this experience, we’ve become HUGE proponents of event insurance. It would have put us in a MUCH better situation, preventing us from basically paying for a wedding day without a bride, groom, or guests.
If you’re interested in event insurance, contact your insurance professional, or you can click the link below to check out the offerings and prices. It’s extremely reasonable, often costing as little at $70 or so for what amounts to tens of thousands of dollars of coverage or more. In some cases, the insurance requirement some venues require – particularly museums – can sometimes be met through these policies. Be sure to discuss the requirement with the venue and/or an insurance professional if you have questions. But by all means, please don’t let a your wedding day cost you financially. Please consider insurance to protect yourself, your family, and your guests. It’s the responsible way to start your life together as husband and wife…
Live long. Laugh often. Love much.
Special Event Insurance
The best and least expensive Special Event Insurance in the USA.