Soo…What is Wedding Insurance?

Wedding insurance…yes the insurers have found a way to get involved in our most special day, but what is wedding insurance and do you need it?

 

 

When your hear that the average wedding in the UK costs £20,000 you realise that this big investment, like so many others in our lives, needs to be protected. Wedding insurance provides compensation following the occurrence of specific events (when I read the policies, man they really do cover some random things), so it’s protecting yourself from something going wrong and costing you a fortune. Most policies covers things like accidents and unforeseen events, so if your fall ill or there is a death in the family which force you to cancel the big day you wont have to stress about the fact you wont get all those deposits back (not everyone refunds in full). Also if you have hired a photographer, commissioned a stunning cake or hired the car of your dreams and for some reason the supplier cant deliver, this is where the insurance comes in and you now have the money to hire someone at the last moment. You can also get cover if you or your guests damage that beautiful stately home you are celebrating in. Some venues even have this kind of insurance as a contractual requirement in their hire agreements, so be sure to check.

 

After realizing you might need this insurance, you then have to find the right provider. It’s tough to know which insurer to go with, but after lots of research and recommendations it looks like E&L Insurance comes out tops. I believe Ecclesiastic Insurance has great mix and match options too. There are many others to choose from, so go for the one with the right level of cover that suits your needs and if you are having a destination wedding make sure the insurance can travel with you. Check out comparison websites like Money supermarket and Compare Wedding Insurance

 

 

Things to consider:

  • The amount of cover you need. Insurers tend to use bands of ‘up to’ £5,000, £10,000, £15,000, £20,000, £30,000 and upwards.
  • Do you plan on getting married abroad?
  • Are you having a marquee or ceremonial swords
  • Check if you are covered for things if you pay by credit card or if you have some cover under your home insurance.
  • The majority of insurance companies don’t cover cancellation of the day due to cold feet…