According to a report on This is Money, more and more couples are taking their cues from celebrities such as Wayne Rooney and Coleen McLoughlin’s recent nuptials and heading abroad to tie the knot. However, financial experts are suggesting that it is a good idea to take out insurance deals on weddings abroad as there are a number of expensive commodities involved. Just some of the things that should be insured before heading on a foreign wedding ceremony include wedding rings, wedding dresses, groom’s costume, wedding gifts and various other items that may be lost or damaged in transit.
Wedding Rings – Putting a Price on the Priceless
Many wedding rings, such as family heirlooms, are sentimentally priceless which is why insurance policies that can provide a financial relief if they are lost on trips to get married abroad are always a good idea. According to the report on This is Money, the number of wedding ceremonies taking place abroad has doubled in the last ten years and the risks of losing items such wedding rings increases when traveling overseas, so, many couples are taking out insurance policies to protect against such eventualities. However, these insurance policies are purely for legitimate claims such as losing wedding rings and cannot be utilised for frivolous claims such as it was raining or the bride didn’t turn up!
Wedding Rings – Taking no Risks
When it comes to wedding days, no one wants to come across unexpected problems such as lost wedding rings, caterers not showing up or damage to wedding costumes which is why more and more couples are taking out insurance policies when heading abroad for wedding ceremonies. According to the report on This is Money, the top 3 foreign destinations to exchange wedding rings are New York, Sri Lanka and Italy.