With the average cost of a wedding at an all-time high of more than $31,000, the tradition of the bride's family covering all of the expenses is becoming a thing of the past. Today, the couple themselves and the groom's family often share the costs of hosting the event. And it's not just the engaged couple and their families who bear a financial burden: between travel, lodging, and attire, wedding guests can also rack up their fair share of expenses.
Risk management is a key component in any successful business plan. In today's world — where data breaches are common occurrences — it's especially important for business owners to understand the digital risks they face.
As you’re planning your wedding, insurance is probably the last thing on your mind. The cake, the decorations, and the venue seem to be a priority for most couples as they plan out the day of their dreams, but with a modern wedding costing nearly $30,000, wedding insurance is something every couple should invest in. Axial-Foy Insurance can help you protect your wedding and safeguard your happily ever after.
Wedding Insurance covers :
- Cancellation/ Postponement
- Lost or ruined gifts, rings, photographs, or special attire
- Vendor failure
- General and liquor liability
- Additional expenses