Getting Married? Protect Yourself Financially Before the Big Day with These Insurance Options

Insurance Blog

Are you planning on getting married and wondering what the financial risks are if there is a severe weather condition or if something happens that prevents you from getting married? These are potential problems that you want to plan for in advance so you don't end up losing out on a ton of money when the unexpected occurs. Talk with an insurance agent about getting these three types of insurance before you walk down the aisle.

Wedding Insurance

Something could happen before the big day or on the big day that could force you to cancel your plans. If this happens, you don't want to be out of all of the money that you have put into the wedding, and you don't want to lose all the deposits. Get wedding insurance so you don't have to worry about what could go wrong.

Travel Insurance

Are you taking a honeymoon after the vacation? If weather delays your flights, if there is a family emergency before you can leave, or if something happens and you don't get married, you need to be able to cancel your reservations. Get travel insurance so you can cancel your plans, get refunded, and use the money to reschedule at a later date.

Life Insurance  

The minute you legally get married, your spouse will become responsible for paying for your funeral expenses. If you don't already have a life insurance policy or if your soon-to-be spouse doesn't, you will want to take out a life insurance policy that will cover the costs of the arrangements.

As you get older, get a house, have children, or accumulate other expenses, you may want to change your policy. Starting with a policy that at least covers funeral bills is important when you are getting married. The two of you can get a joint policy later on.

These are smart precautions to take, and it's worth paying for these types of insurance if you are stressed about finances before your wedding, especially if unforeseen events could prevent you from having a wedding at a future date. Wedding venues, airlines, and hotels aren't concerned with what is going on in your life, but they expect payments for the reservations and bookings you have no matter what happens in your personal life. Get these types of insurance so you can be at ease as your wedding day approaches.

If you are looking into getting wedding, travel, or life insurance, talk to companies like Bear River Mutual Insurance for quotes. 

Share

1 July 2016