Indian weddings have always been grand, but rising costs and increasingly complex events are pushing families into higher financial risk. From expanding guest lists to multi-day functions, one unexpected disruption can now result in losses running into lakhs. As a result, wedding insurance once almost unheard of is quietly entering mainstream consideration.
Wedding spending in India has climbed sharply since 2022.
Higher costs across venues, décor, jewellery, catering and logistics mean a single failure — weather, illness or vendor issues — can have a significant financial impact.
Wedding insurance, earlier seen as unnecessary, is gaining relevance as families try to safeguard high-value events.
Typical risks covered include:
Most of these losses are non-refundable, making insurance a risk-management tool rather than an add-on luxury.
Premiums usually range between 0.2% and 0.4% of the total wedding budget.
Costs vary based on:
Policies generally allow customisation depending on the scale and sensitivity of the event.
Insurers have strict exclusions.
Commonly excluded situations include:
This means families must verify vendor credentials and understand policy conditions clearly.
Financial planners say wedding insurance is most relevant for:
For these groups, even one unexpected incident can cause major financial stress.
