Pre-Wedding Planning

Wedding Insurance Companies in India That You Should Know About!

Shweghna Gursahaney, 11 Oct 2020

Source: Prashant Kumar Photography; Black Magic Creations

Nothing can be worse than having to postpone or cancel your wedding when you’ve made arrangements for every small to big thing. Because of the on-going pandemic, we know that a lot of you might be bearing a huge financial blow without getting to have the most joyous day of your lives. If you’re one of those brides or friends and family of the wedding party who have been hit by the corona wave, then we would like to introduce you with the concept of wedding insurance. 

For those of you who’ve never heard of this, wedding insurance companies ensure that they cover the cancellation cost of your wedding due to any natural and manmade perils. You need this shield now more than ever and we have come up with a list of the most trusted and best wedding insurance companies who can act as your shield and help you make your wedding day the happiest day ever! 

Top Wedding Insurance Companies And What They Do

1. ICICI Lombard

ICICI Lombard covers the cost of your wedding in case of fire, earthquake, acts of God, convulsions of nature and atmospheric disturbances, burglary & theft at a venue and if the bride or groom are undergoing some injury, illness or due to sudden death and a lot of other factors which are substantial risks. Their wedding insurance covers costs of wedding invites, any advance given to caterers, venue, decoration, music, etc. (Brides, do you feel like you can breathe a little now?) But, there are also a lot of factors that ICICI Lombard doesn’t account for in their wedding insurance. Their insurance comes with a range of coverage so head to their website to get all the necessary details guys!

2. Bajaj Finserv

For all you bride-to-be this is the most exciting insurance for you because Bajaj Finserv offers insurance for your wedding trousseau. Yes, you read that right! Now you no longer have to worry about the thousands of rupees you spent on those sarees and lehengas because Bajaj Finserv covers up to Rs. 50,000 rupees at just Rs. 349 per annum. Their wedding insurance covers things like theft of the wedding lehenga, accidental damage, an act of God, etc. The only thing you all need to keep in mind is to get your wedding purchases insured within 30 days of purchase. To get a better idea and to keep your dreamy wedding clothes safe, scoot to their website now!

3. Bankbazaar.com

Next up is one of the best wedding insurance company, which provides insurance to keep one of the most auspicious days of your life secure. Bankbazaar.com understand quite well and treat factors like uncertainties, natural or manmade causes like hiccups and nothing more. Bankbazaar.com also has a standard wedding insurance policy where they cover the cost of jewellery, precious metals, wedding invites, advance paid, reservations and bookings, etc. Aren’t you feeling nice just reading about it? Check out their website and go through all the terms and conditions to keep your precious day safe! 

4. Future Generali

Another one of the best wedding insurance company in India is Future Generali. This company understands well that spending a bomb on the wedding can itself be difficult to let alone having to cancel all the arrangements and watching your money disappear. This wedding insurance company covers the cost of beauticians, pandits, photographers, videographers, appliances given by in-laws, and many more. 

There are also some clauses (stated beforehand) which mention what all would not be covered in the wedding insurance offered by Future Generali. To get a clear idea, go through all the clauses on their website and secure your wedding now y’all! 

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5. Paisabazaar.com

Paisabazaar.com is one of the few websites which will brief you from what is wedding insurance to why you need it. Everything is very direct on their website from the list of things their company covers (liability, damage, cancellation and personal accident) to the documents you would need to set up your insurance with paisabazaar.com.

You may be thinking of the whole process as a complex one but piasabazaar.com has made sure that everyone gets a hang of it by just skimming through their website. Want to see for yourself? Head to their webpage and get familiar with the whole process. 

ShaadiSaga Tips on Wedding Insurance Companies 

Source: A.S. Nagpal Photography; White Frog Productions

Brides, it can be disheartening to cancel or postpone your wedding especially since we don’t know when the situation is going to get better but that shouldn’t stop you from researching or planning some more for your intimate wedding. And brides-to-be, opting for trusted wedding insurance companies is a great solution for saving as much money as possible without going through a major financial loss! So, ensure to bookmark these tips when buying your wedding insurance: 

  • Brides-to-be, do not forget to read all the terms and conditions properly before signing any documents. 
  • Discuss the wedding insurance policies with your family before finalising anything. 
  • Every company has a different cancellation policy so remember to ask all the questions and your doubts from the wedding insurance company. 
  • If you’re game for insurance for your wedding, do not forget to keep all your bills and proof of expenses to go through a smooth process. 
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Confused about what to do about your wedding with the on-going pandemic? Read our pre to post wedding planning guide during the Coronavirus outbreak!