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When you get married, not only are you investing in your future, you are potentially investing a lot of money on the wedding celebration and all that the day entails. Conde Nast Bridal Media's 2006 wedding study found that the average cost a wedding is $ 27,000, and often more.
While brides and grooms hope everything will go perfectly, chances are that something along the way can go wrong on the most important day of their lives. Wedding insurance provides peace of mind when things spiral out of control. With so many details to attend to, much can go awry behind the scenes. What can go wrong and how can a wedding or event insurance policy come to the rescue?
* Your reception venue goes out of business before the wedding
* Inclement weather threatens your reception
* The bridal shop closes keeping your gown
* Your vendor goes out of business or is bankrupt or a no-show
* Wedding rings are lost or damaged
* There is a major transport shut down preventing guest from traveling
* Ruined photos
* The bride or groom is unexpectedly deployed to the military
* Wedding gifts are damaged
* The bridal couple or their parents became too ill to attend the ceremony
* The venue requires liability insurance
You would not buy a new car that cost over $ 27,000 without insuring it against damage, so it makes sense to insure the most important day of your life. The peace of mind that a policy of this kind provides, far outweighs the minimal cost.