Wedding Insurance - a Good Idea or a Waste of Money?
You insure your car, your home, your health, and your life. Now you can insure your wedding too. W edding insurance has been popular in Great Britain for several years. Now, a number of U.S. companies offer it as well. The insurance is receiving much publicity, but do you really need it, or is it a waste of your limited wedding funds? The answer depends on your situation. Most policies offer varying amounts of coverage for varying fees, with the most expensive policies costing around $400 for a U.S. wedding . If you are planning a destination wedding to another country, the fee will be higher. Most insurance policies will insure against: Unforeseen weather problems (Are you planning a wedding in Florida or the Bahamas during hurricane season?). The weather issue must be a major problem that will prevent you from holding the wedding as scheduled or will prevent a majority of your guests from...