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Wedding Insurance

July 5, 4:31 PMPortland Wedding ExaminerSuizee Bailey
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Brides and Grooms – you are spending a lot of money on your wedding, no doubt. It’s time for you to feel like a king and a queen and spend your hard-earned money lavishly. But what if something goes wrong? Are you prepared to pay? Does your budget include the unexpected?

Wedding insurance could cover you in these terribly unfortunately circumstances:

Military leave: living in Maine is an abundance of military brides and grooms. Wedding insurance would cover the costs of postponing the wedding due to military leave.
Sickness or death: insurance may cover you in the event that the wedding has to be postponed or canceled.
Gown or Tuxedo issues: you may be able to purchase a new gown or tux at no cost if you purchase insurance. If you’re traveling distantly for the wedding, damage can be done to the dress in-transit. What happens if your dress retailer goes out of business?
Damaged photos: photography costs can be the largest chunks of the budget. Many insurance companies will cover poor photography or bankruptcy of vendors.
Liability coverage: one of your guests has a bit too much to drink and slips and falls. Your emcee or band uses pyrotechnics that sets the venue on fire. Your reception venue may cover theses costs already but make sure you inquire as to the specifics of the coverage. Some venues won’t sign you on board until you’ve provided them with proof of insurance.                                                                                                                                              
Stolen wedding gifts: although everyone would like to think there is nothing  but utmost integrity at a wedding, there can be unfortunate occurrences of theft of extremely high-priced, if not priceless, gifts. Many homeowners’ insurance policies would cover these costs, but you’ll want to verify.

Weather: we DO live in Maine! We should be used to the fluctuation in weather patterns (or lack of patterns that is.) If you’re unlucky enough to have a snowstorm come through your backyard wedding in the middle of May, insurance may cover you. 

Wedsafe.com:  offers a package for only $328 --

$500,000 Liability insurance (including property damage and liquor liability coverage)

Level 3 (there are 10 levels!) cancelation insurance (combined $42,000 worth of coverage in cancelation/postponement fees, photography, gifts, attire, jewelry, vendor deposits and counseling.)

Research, research, research and protect yourself. It’s a tough time in this economy right now and you’re stress-level during this planning process is very high. Play it safe and consider wedding insurance if for no other reason than piece of mind. 

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