Getting married is one of the best days of your life, but it takes a lot of work to get there. You have to choose the wedding and reception music, flowers, champagne and a whole lot more. However, there’s one thing that most couples don’t think about, which is insurance policies. When you get married, there are a few insurance issues that you need to consider.
- Homeowner’s/Renter’s Insurance – When you move in together, it is imperative to have a shared policy that covers the couple’s possessions. For those renting, renter’s insurance will be necessary. For those who are purchasing a home, homeowners insurance is essential.
- Health Insurance – When a couple moves in together or gets married, it may be a good time to join together for a health insurance policy. You’ll want to compare your plans to determine which one is best suited for you to share.
- Auto Insurance – It’s also a great time to join auto insurance policies. Alternatively, you can simply add your significant other to your policy as an added driver.
- Disability and Life Insurance – Life and disability insurance is important for any couple, as it ensures that one partner is provided for in the event of a tragic accident that takes your life or leaves you disabled. This is especially important if you made a huge purchase, such as a home, together recently. The last thing you would want is your spouse to be left financially struggling when you die.