Wedding Insurance is one of the most important purchases that a couple should make whilst planning their wedding. One would hope that you would never need to make use of your Wedding Insurance; however it is always best to be prepared, as they say!
I was intrigued by a recent article that I had come across that surprised me to learn that only 1 in 4 couples choose to purchase wedding insurance. In my opinion and experience I would put this purchase at the top of anyone’s wedding planning list. Wedding insurance can cover a varied amount of situations such as – one of your suppliers going out of business prior to your wedding or if something happens to your cake, rings, dress, outfits, photos, video etc you shall all be covered.
There are some great companies that offer this cover such as Marks and Spencers, John Lewis, E and L, Confetti etc. Insurances are not expensive to buy, the average cover cost is £70.00. So don’t delay!
Article below from Compare Wedding Insurance
“As the wedding season hits full stride most couples have failed to insure their big day.
The average cost of a wedding this year will be £20,000 – one of the biggest payments a couple will make in their lifetime, but only 1 in 4 of these weddings will be insured, reports Datamonitor. 100,000 weddings will take place in Summer 2010, but 3 out of 4 will be financially vulnerable as a result of supplier failure or cancellation due to accident or illness.
Why are so many uninsured?
Many people have never heard of wedding insurance. It’s becoming more well known, but has only been widely available since the 1990s.
It’s a cost that many people decide to cut – given that you can get £20,000 worth of cover for around just £70, this may be a little short-sighted.
Some people struggle to find the cover they need – if you have a partner in the forces who may get deployed, or are having a wedding abroad, you may presume that you can’t get cover. It’s harder to find, but many providers do cover these weddings.
What does wedding insurance cover you for?
Wedding insurance will pay for rescheduling your day if you have to cancel due to and accident or illness of the bride, groom or their immediate family. It will pay lost deposits in the case of supplier failure (if a supplier goes out of business or doesn’t meet their contract for example). You’ll also generally be covered on the day for damage to the wedding dress or hired suits or loss or damage to wedding presents.
Nothing can take away the stress and heartache of dealing with a problem with your wedding day, but at least you needn’t be left out of pocket.”
Article from Compare Wedding Insurance http://www.compareweddinginsurance.org.uk/articles/wedding-insurance-just-1-in-4-weddings-insured