When it comes to a wedding, the spending begins when the planning begins. To secure necessities like equipment rentals, vendors and attire, you’ll be placing deposits and signing contracts long before the “I do”s. So keep in mind that expenses add up quickly and most aren’t refundable.
In the event that you have to cancel or postpone your wedding due to an unforeseen circumstance, a Markel Wedding Cancellation Insurance policy covers non-refundable deposits and non-reimbursable expenses.
Examples of unforeseen circumstances:
Should you decide to hold your wedding for “better or worse,” Markel will cover additional expenses you need to make for last-minute changes. Just found out your photographer has gone out of business and now you’re scrambling for a replacement? We’ve got you covered. Markel Wedding Cancellation Insurance will also provide coverage for such things as:
Save 15% on your premium when you add a Wedding Liability policy to your Wedding Cancellation Insurance policy. Get total protection and a discount. (AK and FL discount is 10%.)
Every wedding is different. Markel Wedding Cancellation Insurance can be tailored to meet the specific needs of your wedding, either with special policy limits or by including Wedding Liability Coverage. Policy limits are determined according to total wedding budget. Take a look at some of the areas of coverage we offer.
The cancellation or postponement of your wedding can be a difficult time. If you are facing a necessary cancellation, our policy will provide reimbursement for deposits forfeited and contracted charges. Included services are transportation, catering, property and equipment rentals, venue rental, accommodations (including travel and hotel for a honeymoon), wedding attire, special jewelry, flowers, event photography and videography, and entertainment.
Often, the bulk of your expenses are vendor deposits. If a vendor is a no-show, goes out of business or fails to provide the contracted services, we’ll reimburse you, up to your policy limits.
In the event that your professional photographer doesn’t show up, we make sure it’s not a total loss. You’re covered for the amount you agreed to in your contract and for loss or damage to the original film or digital files before you receive them, including video.
Fact is, wedding dresses and tuxedos aren’t cheap. If your attire is lost or damaged prior to your wedding, we pay the cost to repair or replace it up to your policy limit. The same goes for wedding-day jewelry like wedding rings and heirlooms. Your jewelry is insured for seven days prior to the event.
For seven days prior to and seven days following your wedding, we cover the cost to repair or replace lost or damaged gifts. Gifts are covered while at the insured’s home as well as in a locked vehicle.
Cancellation of your wedding should be your last resort. Our coverage ensures that you have the option to make last-minute changes so your wedding can go on.
Though exciting, planning a wedding and getting married can be emotionally taxing. If a medical professional recommends counseling due to the cancellation or postponement of your wedding, we’ll cover the cost of therapy for up to one year from the date of the event.