From today’s email:
I am getting married in 2010 and a friend mentioned to me wedding insurance. What is your opinion on this?
Typically wedding insurance covers the vendor deposits if the wedding has to be canceled because of illness, military action, weather or the vendor not showing up or other uncontrollable instances. I have not found any insurance that covers you if you are unable to pay for the services that you contracted because you were laid off or got cold feet.
When entering into any contract make sure you read the wedding insurance policy thoroughly and if you don’t understand something ask the agent, before you sign! The few wedding insurance policies I have seen are full of exclusions, so while you may think you are covered on something you may not be. Always read before signing on the dotted line.