New Delhi, Dec. 24 -- Close to 4.6 million weddings are expected to be hosted by the end of the calendar year-and the wedding season is still only halfway through. These large-scale celebrations involve dozens of moving parts, from venues and vendors to guests and travel logistics, raising the risk of things going wrong.

While rare, accidents do happen. Viral videos and reports over the years have shown stage collapses, roof cave-ins, groom's cars catching fire, and more recently, flight delays derailing carefully planned ceremonies.

Most of these mishaps can be insured against. Yet wedding insurance has few takers. According to financial planners Mint spoke to, only one in 15 clients agrees to buy wedding insurance when it is pitched....