Basically, wedding insurance protects a couple’s investment from circumstances beyond their control, and reimburses expenses incurred. For example, what if your limo driver doesn’t show up and you have to book another one the morning of the wedding? Or what if the groom’s custom-made tuxedo is lost in airport baggage, and he has to buy a new one the day before the wedding? What if your reception space goes out of business a month before the wedding, and you lose your deposit and have to book another space? These are the types of big-day financial losses that Zimbabwe Insurance Brokers Limited’s Wedding Insurance cover can help to protect.
Consider this scenario:
Tariro and Simba spend months planning their wedding. But on wedding day, their reception site is made inaccessible by flooding due to heavy rain. With the right wedding insurance policy, the couple can postpone their wedding and receive every cent they lost (less the deductible), including money for the invites, cake, catering, attire, and non-refundable deposits for ceremony musicians, floral designer, and other vendors.
Before you buy wedding insurance, check with each of your vendors to see how well they’re covered together with your reception site or your caterer as they may already have their own insurance, so you wouldn’t want to pay for overlapping coverage out of your own pocket. Ask your vendors for a copy of their policy, and then figure out where you aren’t fully covered and contact us.
The sooner the better. Let’s say you put a deposit on your wedding reception venue 12 months prior to your wedding date and then it burns to the ground a few weeks before the big day you would have lost out and at times unable to recover your deposit.