The wedding insurance market is predicted to reach the $5 billion plateau by 2032, according to recent data compiled by Wise Guy Reports. Already in 2024 the sector has reached $3.2 billion, the data showed, driven by increasing awareness of financial risks associated with weddings, the growing trend of destination weddings, and higher demand for customized insurance policies that cater to the specific needs of couples.
Property & Casualty
August 06, 2024, 12:00 AM