UPDATED: Feb 25, 2020
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We can now add ‘Wedding Insurance’ to the growing list of unusual types of insurance policies. You know, the list that includes the likes of the following:
- Pet Insurance – once considered rare, this type of insurance is quickly moving into the mainstream.
- Body Part Insurance – think Jennifer Lopez’s biggest asset.
- Mortgage Insurance – admittedly not unusual, but certainly ridiculous and unnecessary.
Travelers Insurance recently introduced its Wedding Protector Plan which will cover cancellation or postponement of your wedding due to certain causes, such as weather and military deployments. There doesn’t yet appear to be any insurance coverage guaranteeing the success of the marriage, however. The closest thing available for that is called a prenuptial agreement.