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Types Of Insurance Needed for Events

April 19, 2023 Guest Author

As exciting as it can be, planning and hosting an event usually comes with a certain level of risk. No matter how well-organized and carefully planned an event may be, unexpected accidents and incidents can occur, which can lead to liability claims and financial losses. This is where insurance comes in. Insurance provides a safety net for event organizers and participants, helping to mitigate potential risks and cover the costs of unexpected incidents. However, not all insurance policies are created equal, and it’s important to understand the different types of…

Many wedding insurance policies are changing shape due to the pandemic crisis

September 14, 2020September 12, 2020 H. Cutner

Wedding insurance policies - bride and groom

Several carriers have been altering their coverage since COVID-19 lockdowns started taking place. Since the start of the pandemic crisis, claims on wedding insurance policies have been pouring in. This has had two major impacts on the market for this particular product. The first is that awareness of its existence has skyrocketed. The second is that many insurers have been working to change the coverage these products provide. Many engaged couples are seeing this type of coverage as essential for the first time. Since March 2020, when COVID-19 slammed many…

Engagement ring insurance spikes with Valentine’s Day proposals

February 14, 2017February 10, 2017 G. Turner

Insure your engagement ring to ease your mind

It may not seem romantic, but many consumers are choosing to purchase coverage for this sizeable investment. As people across the country get ready to pop the question on Valentine’s Day, they are also purchasing engagement ring insurance coverage. These policies are meant to provide protection against the unexpected. After all, this piece of jewelry is considerably more expensive than a box of chocolates or a bouquet of roses. It’s clear that a growing number of people are hanging onto their financial sense even in romantic moments. Before people get…

Wedding insurance can protect Valentine’s Day marriages

February 12, 2014February 10, 2014 Julie Campbell

These policies are beginning to become big sellers, particularly around this time of year. Although wedding insurance has never been one of the top selling policies – particularly compared to the standards such as home, health, life and auto – this business is picking up quite dramatically, and experiences certain popular seasons such as around Valentine’s Day and during the summer months when the most marriages take place. These marriage insurance policies help to protect the investment of the day itself against many perils. The importance of this coverage is…

Wedding insurance becoming more common among Americans

January 24, 2014January 21, 2014 Julie Campbell

With the increasing cost of getting married and everything that it entails, more couples are purchasing coverage. The average cost for Americans to get married is now approximately $26,000 and, to an increasing degree, couples are purchasing wedding insurance to help to cover themselves against the sizeable financial losses that could occur as a result of illness, extreme weather, or even a sudden change of heart. The coverage isn’t offered by a large number of insurers in the U.S. but the number may soon grow. At the moment, wedding insurance…

Wedding insurance now recommended to protect against fights

October 20, 2012 Julie Campbell

Planners and industry experts feel that additional coverage can only help newlyweds. Following the increasing instances of fights breaking out at receptions, many planners and industry experts are now recommending that couples purchase wedding insurance to cover against the damage that could occur as a result of these unexpected circumstances. The importance of coverage has become all the more clear with the high profile fights in Philadelphia. The massive brawl that occurred in Philadelphia and that rapidly had its video go viral, providing a clear image of how rapidly, and…

Wedding insurance: the most common types of claims

April 22, 2012April 30, 2013

Wedding insurance: buy it or drive thru… It isn’t common to hear about wedding-related claims in headline insurance news, but the fact is that there are a growing number of claims being made by future brides and grooms as well as newlyweds. Couples have a great deal to worry about and there are a number of risks that apply to the day that is likely to be the most expensive celebration that they will throw in their lifetimes. Travelers is among the insurers that are now offering a Wedding Protector Plan,…