Wedding insurance 'is a wise idea'
Posted On : Feb 15, 2012Investing in wedding insurance is a wise investment for any bride and groom who are planning to spend large sums of money on tying the knot.
This is according to president of the US Association of Bridal Consultants David Wood, who explained couples can protect their payments if they take out a policy.
The expert described how insurance "only costs a fraction of the goods and deposits it covers", but can mean a big difference between people losing a lot of cash.
It was noted some individuals are unaware that most aspects of a ceremony can be covered by a policy, including rings, gifts and problems with the venue.
His comments come at a time when there have been several reports of wedding suppliers and venues being forced into administration due to financial losses.
The recent collapse of Aspire Venues has left dozens of couples fearing they may lose their deposit money.
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