Wedding / Special Event Liability Insurance is a specialty insurance policy designed to protect and reimburse the named insured and/or Bride and Groom from certain types of claims and losses arising from accidents taking place during the wedding, reception, and rehearsal. Subject to the specific coverage terms, conditions and exclusions, wedding liability coverage can offer protection for the wedding couple if they are found liable for things such as damage to the facility caused by a guest or vendor, bodily injury to guests or even alcohol-related accidents. ( Wedsafe.com )
Event insurance helps cover the cost of any unforeseen events that could take place. For example, in the case of having to delay a wedding a few days or even cancel the wedding, there is wedding cancellation insurance can cover the cost of the deposits. You could also have vendor mishaps that can cause loss or damage. Wedding liability insurance would cover the cost.
Event insurance is not just for weddings, but for other events as well including parties, bar & bat mitzvahs, quinceaneras, and business events. Your event is not just an event, but an investment that takes time and money. Event insurance can help cover that investment monetarily in case something should go wrong.
Two sites you can investigate event insurance more Wedsafe.com and http://www.privateeventinsurance.com.
Wedding Insurance 101
Although it certainly isn’t the most pleasant thing to think about it, unexpected accidents and disasters do have the potential to strike on your big day. Your wedding is meant to be one of the most memorable experiences of your life—and definitely one of the most significant milestones—so how can you protect your special event against unfortunate incidents?
With wedding season quickly approaching it’s time that couples educated themselves on the available coverage options created to help safeguard your special event. Keep in mind that each couple and each wedding is extremely unique, so customizing the perfect wedding insurance package that meets your personalized needs is very important. Educate yourself on the available insurance coverages to ensure your wedding is properly protected:
1. Common wedding policies will provide coverage for the site of the ceremony and reception by mediating the cost of an unavoidable cancellation – such as damage or inaccessibility to the venue.
2. If severe weather conditions prevent the bride and groom, or other major family members, from being present at the ceremony – or result in cancellation all together – wedding insurance can cover rescheduling and all the details involved.
3. Vendor no-show can also be covered in a wedding insurance policy. If the caterer or officiate fail to show up, a wedding insurance policy typically covers cancellation or postponement.
4. Wedding insurance may also include coverage if sickness or injury to the bride, groom or another essential wedding party member is unable to make the special event.
Most often, weddings tend to be expensive events. Believe it or not, the average wedding still tops the $30,000 mark—and with a hefty investment of that size, many are quick to secure special coverages and protection for this truly special event.