As a wedding is such an important event both personally and financially (indeed, the average wedding in the UK costs around £20,000), it is a wise idea to take out a wedding insurance policy. Wedding insurance is relatively cheap and gives you that peace of mind if anything untoward should happen.
The Value of Wedding Insurance
Wedding insurance covers a range of eventualities that could spoil your wedding day. The most important eventuality covered is wedding cancellation. If the wedding has to be cancelled due to an unforeseen circumstance, such as a death, illness or extreme weather, you will be compensated. However, a wedding insurance policy will not pay out if you decide to cancel the wedding or if you or your partner gets ‘cold feet’. In addition, most wedding insurance policies will not pay out for pre-existing conditions. So, it is important that you are totally upfront and honest when you are arranging your insurance policy.
However, wedding insurance doesn’t only cover the worst-case scenario but also covers a range of other hiccoughs such as:
- Losing the wedding rings
- Supplier cancellation or rearrangements
- Damage to wedding clothes (provided that it is not the result of attempted cleaning)
- Damage to cake or flowers
- Retaking of photographs
Wedding insurance also covers public liability which means that it will pay out compensation should anyone be injured at your wedding or if any hired items or venues are damaged by a wedding party member.
You can also have the option to take out additional cover for other features to make your wedding special such as ceremonial swords and marquees. In addition, if you plan on getting married abroad, you may have to take out an additional overseas wedding policy.
How to Get the Best Deal
You should look for a policy that gives you just the right amount of average that you need. In some cases this may be enough to cover any deposits and non-refundable reservations which you have made.
Get quotes from a range of providers. The best way to do this is to take advantage of insurance comparison websites as not only will these allow you quickly compare and contrast the expenses involved in each policy, but they also allow you to easily compare the policy’s inclusions and exclusions.
Top UK Wedding Insurance Policies
|Company||Premiums Start From||Maximum cancellation Cover||Maximum Wedding Attire Cover||Online Discounts|
|E & L||£17.49||£50,000||£50,000||35%|