RV Nuccio & Associates and Fireman's Fund have teamed up toinclude "change of heart" clauses in its wedding insurance policiesfor the first time.
Fireman's Fund said its Weddingsurance Change of Heart coveragewill provide help in recovering expenses if the bride or groomexperiences cold feet during the planning process. Significantdeposits on event facilities, caterers, and florists have helpeddrive up the average cost of weddings to nearly $27,000, creating ademand for the coverage.
"People can purchase the policy anywhere from 2 years to one dayahead of the event and there is no difference in the cost," saidJanet Ruiz, media relations manager for Fireman's Fund. "Wedeveloped it to meet the needs of our policyholders when they arehaving a private event such as a wedding. They face cancellation,liability issues and property issues with the dress, etc."
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