Recently, a woman sued her former fiancee for cancelling the wedding at the last minute. This generated headlines across the nation. Generally, being dumped at the alter is not something most want to publicize but apparently a very large sum of money had been spent.

So, how about you? I teach business law and every year I try to explain the value of prenuptial agreements. It’s a wasted effort. You can look out over the students and see that everyone of them is going to fall in love forever. It’s depressing. No one, it seems, expects to be left at the alter, but it happens.

Thus, wedding insurance exists. You could argue that I am mistaken and since this kind of insurance exists, people do have a genuine and intelligent skepticism about their relationships. It would be great if that were true, but the fact is, wedding insurance is more aimed at the mundane, illness and weather among other things. So, maybe you are planning nuptials and would like to consider the idea of wedding insurance.

Maybe you are absolutely, positively, completely sure you won’t get jilted but you could get the flu.

James Pilant

From CBS Money Watch –

A handful of insurance companies offer wedding insurance policies, including Traveler’s, Aon, and Fireman’s Fund. The Fireman’s wedding insurance policy, offered through the National Alliance of Special Event Planners, includes the “change of heart” coverage. A few caveats on that coverage for the jilted: the policy must be purchased by someone other than the bride and groom, and it must have been purchased at least four months before the planned wedding date. (Each of the three sites linked above have online calculators that will quickly spit out an estimated premium cost based on the particular level of coverage you want.)