Yes,
you need wedding insurance.
Yes,
you need wedding insurance.
But that is not true; a small or medium budget wedding which involves expenditure anywhere between 5 to 6 lakh rupees also
needs a wedding insurance policy keeping in mind the contingencies during the event.
Not exact matches
After the
wedding, you do
need to be on the same car
insurance policy because you live together and have regular access to each others» vehicle.
You can purchase specialized
wedding insurance in case the
wedding needs to be canceled or rescheduled due to weather, health issues or problems with vendors or venues.
* One
needs to decide the value for
insurance under each cover like for cancellation or postponement cover the sum insured should comprise of non refundable expenses incurred for
wedding function like printing of cards, advances paid for booking the venue etc..
* When and for how much period one
needs to buy a
wedding insurance policy.
Between all the legal forms, change of address notices, and
wedding thank - you cards taking up your time, it's easy to forget other details that
need your attention — like term life
insurance.
This is because the proceeds from a life
insurance policy can be used for a variety of
needs by one's loved ones and survivors, such as the payoff of debt, the continuation of income, and / or the keeping of promises, such as paying for a child's
wedding or down payment on a home.
When buying life
insurance, consider their current and future
needs, such as living expenses, college tuition and
weddings.
While 7 out of 10 (71 percent) newly married couples recognize the importance of addressing their life
insurance needs pre-marriage, nearly half of them blew off the conversation before exchanging
wedding vows, according to the NAIC.
Whether you
need coverage for your home, your auto, your jewelry, your motorcycle, or even your
wedding, Effective Coverage has the
insurance experts, the answers, and the products and services that you
need.
Otherwise, many common gifts
need to be endorsed or separately insured on your renters
insurance after the
wedding because of the sub-limits above.
Sub-limits you
need to be aware of for renters
insurance after the
wedding include:
After the
wedding, you do
need to be on the same car
insurance policy because you live together and have regular access to each others» vehicle.
You may also
need extra homeowners or renters
insurance to cover all the possessions you now have together, including jewelry and all of those expensive
wedding gifts you just received.