Ahmedabad: Bajaj Allianz General Insurance on Monday (Nov 29, 2004) launched insurance package to cover cancellation or postponement of weddings due to fire and other perils.

Bajaj Allianz is the first company to launch the unique cover, company's regional manager Hiren Vora said.

The insurance package covers for the monetary loss following the cancellation or postponement of wedding due to fire and allied perils, accident to bride/groom, accident to blood relatives resulting in hospitalisation within seven days prior to the printed/declared wedding date, damage to property, money in safe, burglary and public liability etc, he said.

Bajaj Allianz had launched this package product with four sum insured options starting with as low as Rs 2 lakh to Rs 8 lakh.

Vora said the company believed that there was large scope for such customised package products like Wedding Insurance Package.