We take out car insurance to protect ourselves on the road and we invest in travel insurance as a safety net for all our out-of-country adventures. However, we rarely consider investing in insurance for a day as special and emotionally important as our wedding. In this post, we explore the ins-and-outs of wedding day insurance, and why you might need it.
What is wedding insurance and why is it important?
Wedding insurance covers you financially if you have to postpone your wedding for any reason, or if there is an issue with any of your suppliers. For example if you have any issues with your wedding cake being delivered on time, insurance would cover you.
Wedding insurance is a great investment for your wedding day. It will give you peace of mind that you are not taking a financial risk should anything go awry.
Our recommended wedding insurance provider, Wedinsure breaks down what their wedding insurance plans cover:
- Cancellation caused by your illness or that of a close family member.
- Failure of wedding suppliers
- Cancellation or rearrangement due to extreme weather conditions such as a flood making it impossible for at least half of your guests to get to the event.
- Loss, damage or theft of key items such as the rings, cake, wedding attire and gifts.
- Personal liability for you and your guests.
Wedinsure cover both weddings and civil partnerships throughout the UK. They also offer 9 different tiers to suit your needs, ranging from £2,500 to £65,000. They recommend taking out your insurance before the venue is booked and your date has been set, so that all of your deposits are covered. For more information, take a look at their website.
What isn’t covered?
Wedding insurance will cover you in the event of a cancellation, failure of your suppliers or any loss, damage or theft. However, it’s also important to know what wedding insurance doesn’t cover.
For example, if you have a change of heart about your wedding, or you try to claim for anything that you had prior knowledge of, your insurers may refuse to compensate you.
In addition, your honeymoon would not be covered, so take into account whether or not you’d like to also apply for insurance regarding your honeymoon. Honeymoon insurance is great idea, as it covers illness, theft or any credit card issues. Take a look at the different honeymoon insurance policies available to you here.
Many don’t consider wedding insurance when planning their wedding day. As the saying goes, hope for the best but plan for the worst. Insurance is a safety net that gives you one less thing to worry about.