Have you added up the total amount of money you have given over to all the various vendors associated with your wedding plans? Whenever you write a check, ask yourself what would happen if that vendor could not fulfill its obligations for whatever reason. Even the most reputable wedding vendors can find themselves facing challenges.

Or what if an unforeseen situation threatens the entire day from happening altogether? From significant events forcing cancellation to be even relatively minor issues causing a financial impact, many of them could be reimbursed if you have the right protection. In just the past year we have seen claims for situations involving:

* Severe weather damaging the venue, preventing guests from arriving or forcing other hardships that cause additional expense or financial loss
* Unexpected sicknesses and accidents to key people associated with the wedding that force cancellation/postponement
* Theft of wedding gifts
* Lost photos and extra costs  incurred for re-shooting
* Lost/Damaged wedding dresses, tuxedos, jewelry or other items related to the wedding
* Reception venues and rehearsal dinner restaurants closed, forcing cancellations or extra expenses
* Weddings canceled due to job loss of the bride/groom
* Venues that somehow have double-booked events at the same time
* Grooms or brides in the Military having their leave withdrawn, resulting in lost deposits

Cancellation/Postponement Insurance offers financial reimbursement to the host for unexpected events that force cancellation or postponement, and also provides financial protection against lost deposits from a no-show, non-performing or bankrupt vendors. Wedding Cancellation Insurance can provide reimbursement for many kinds of financial losses, but only if you protect yourself with the right coverage! Policies can be purchased well in advance of your wedding, and it’s best to protect your wedding investment as soon as you begin placing deposits with vendors. For more information, see examples on our website of how wedding insurance has helped protect other brides and grooms.

In addition to Wedding Cancellation coverage, you should be aware of the distinctly different coverage provided by Liability Insurance. This is the type of coverage that is required by many venues.

Liability Insurance provides protection against claims arising out of the wedding, where an injury occurs or property is damaged and responsibility for the injury or damage is placed on the host or the bride/groom. Many venues require that the host purchase coverage and add the venue as an additional insured.

What else should brides, grooms and their families know about finding the right wedding insurance coverage? Here are some additional items to keep in mind:

As with any insurance policy, there will be exclusions and limitations to the coverage. These limitations actually allow the insurance company to price the protection at affordable rates. Since there are so many variables, it is always best to speak directly to a company that specializes in wedding insurance and determines the appropriate coverage for your situation.

Not all agents have experience with specialty programs like wedding insurance. When researching, look for specialists in wedding insurance who have been in business for years, have an established presence and provide the product you need at reasonable rates.

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Contact:
Steve Lauro, Vice President
Aon’s Affinity Insurance Services, Inc.
877.723.3933
877-SAFE-WED
http://www.wedsafe.com
info@wedsafe.com

The WedSafe Wedding and Private Event Insurance Programs are brokered and administered exclusively through Affinity Insurance Services, Inc. Affinity Insurance Services, Inc. in all states except: AIS Affinity Insurance Agency in NY and NH; AIS Affinity Insurance Agency, Inc. in MN and OK; AIS Affinity Insurance Agency, Inc. dba Aon Direct Insurance Administrators in CA (Insurance License #0795465). These programs are underwritten by Markel American Insurance Company.

WedSafe and Private Event Insurance
300 Jericho Quadrangle
Jericho, NY 11753

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