DO YOU NEED WEDDING INSURANCE? Kirstin Patzer
Weddings can be a big expense. Anytime we spend a very large amount of money, there is the option and recommendation to consider insurance. Weddings are no different. We want to help answer your questions about wedding insurance - what it covers, why it’s important and when to get it. We went straight to the source and got all the details. Will Smith (no, a different one) is the owner of W. W. Smith Insurance in Swift Current and he was kind enough to answer all of our questions about wedding insurance. DETAILS: What is covered under basic wedding insurance? SMITH: The wedding product we have access to is called Weddinguard and it’s an all-in-one package [including] · Wedding Cancellation: Reimbursement of deposits paid or contracted to be paid because of unexpected cancellation of the wedding. · Honeymoon Cancellation: Will reimburse if Insured suffers a loss of pre-paid, non-refundable cost of travel due to the cancellation of the actual wedding. · Loss deposits: Will pay for non-refundable deposits made to providers of any booked goods or services if they suffer financial failure. · Wedding photos and video: Payment of the extra expenses necessary to retake the photos if they cannot be reproduced for any reason including non-appearance of the photographer. · Bridal attire: Coverage for physical loss or damage to the bridal attire once the property is in the care of the Insured. · Wedding Gifts: Insurance for direct physical loss of or damage to wedding presents (24 hours prior to and after
26
the wedding) while property is at the couples’ home or reception location or in transit between the two. · Rings: Covers physical loss or damage to wedding bands. Coverage starts 7 days prior to the wedding. · Wedding Cake and Flowers: Direct physical damage or loss to the wedding cake or flowers seven days prior to the wedding. · Wedding Stationery: Physical damage or loss to the wedding stationery prior to the wedding. Includes invitations, RSVP cards, menus and name cards. · Rented Property: Reimbursement of direct and physical damage to rented property used during the wedding reception. It includes, but is not limited to, temporary outdoor shelters, such as tents or marquees, tables and chairs, stages, audio and visual equipment. DETAILS: What is not covered? SMITH: Cold Feet is not covered. The specifics to what is covered and what’s excluded start to get ‘wordy’. For additional details on what is covered under Weddinguard contact W.W. Smith Insurance Ltd. We’d be happy to answer any questions. DETAILS: What is the price range? And what factors affect the cost? SMITH: Weddinguard has 4 different tiers of coverage: Silver, Gold, Diamond and Platinum. [Prices range from $270 to $1200, with the difference being increased coverage limits]. DETAILS: What has changed since the pandemic started? SMITH: When applying for the Weddinguard policy there
DETAILS MAGAZINE | BUMBLEANDVINE.CA
FALL 2021
