Seeking feedback on how married couples handle engagement ring/wedding band insurance payment responsibility. We are a couple who both share a joint bank account, as well as hold our own separate bank accounts.
Do you believe the groom be responsible for the cost for the entire duration of the marriage, since he is the one who gifted the ring? Or should the bride cover it since she is the one who wears it? Or do you believe it should it be an expense paid for with the shared bank account?
Shared bank account makes the most sense to me, but curious how other couples do it.