Insurance Cover for your Wedding
Now insure your marriage against losses
Wedding insurance policies cover cancellation of wedding for reasons such as burglary at the venue (of jewellery and cash kept in a safe), perils such as fire, earthquake that cause damage to property and life.
Accidental death or injury of the persons named under the policy are also covered. It also covers permanent partial/total disablement of the insured person(s).
In a case where a policyholder manages to re-arrange the wedding on the same day after the occurrence of an insured event, his claim for wedding cancellation will still be honoured.
However, he will be paid lower of the non-refundable expenses or the additional expenses incurred in conducting the wedding at a new venue, says the spokesperson of Bajaj Allianz. Damage to property or life of guests who attend the wedding can also be covered by paying for the public liability cover offered with the wedding policy.
A wedding’s cancellation due to dispute between the families is among the exclusions under the policy.
Nor can you expect the insurer to pay up for cancellation of wedding due to kidnapping of the bride/bridegroom, loss/damage to some property to be utilised for the wedding that is stored without any supervision in a location other than the venue of the wedding and death/injury to the insured person(s) under the influence of liquor or drugs.
As per the information available on its website, the policy covers wedding cancellation or postponement due to fire or any natural disaster, accident of bride or groom, accident of blood relations resulting within seven days of the wedding date, damage to property including the venue, burglary and even cases of food poisoning at the function.