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Wedding insurance can help protect the amount of money that you’re spending on your big day. From sudden venue closures to severe weather disruptions, this specialized policy can act as a ...
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Special event insurance often covers associated costs if an event unexpectedly needs to be canceled. Typically, the type of events covered include birthday and anniversary parties, baby showers ...
Currently, only one company does and it can only be purchased by the person who finances the wedding, not the Bride or Groom, and only applies if the wedding is cancelled more than 180 days before. Wedding insurance is becoming increasingly popular in other countries, including Australia, [11] New Zealand [12] and the UK. The UK is very ...
Insurance may also be purchased through an agent. A tied agent, working exclusively with one insurer, represents the insurance company from whom the policyholder buys (while a free agent sells policies of various insurance companies). Just as there is a potential conflict of interest with a broker, an agent has a different type of conflict.
Events present substantial liability risk to organizers and venues. Consequently, most venues require the organizers to obtain blanket or event-specific general liability insurance of an amount not less than $1,000,000 per occurrence and $2,000,000 aggregate, which is the industry standard. [4] [5]
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