Do I Need Wedding Insurance?
Most weddings cost far more than you would spend on a decent saloon car. It’s unthinkable that you would drive your brand new car without insurance cover, yet so many couples take a bigger financial risk by not insuring their wedding costs against the risk of total loss. By comparison to cars, house content, possessions, valuables, etc., wedding insurance costs very little for comprehensive cover. The relatively small premium for wedding insurance will give you peace of mind as you plan for your wedding.
Wedding insurance policies give a wide range of cover for many eventualities that could affect your wedding day. However, it is unlikely that small, irritating events would be included in the cover, such as rainfall, cloud, etc. but stronger weather forces that affect the wedding day almost certainly would, such as floods, landslides, earthquakes, etc. If adverse weather or other unpredicted events were to cause your wedding or reception venue to close or become inaccessible then your wedding insurance policy would provide a suitable level of cover. The same policy would cover unpredictable events with the wedding car supplier or the caterer or even if the bride or groom should sustain an accident which caused the wedding to be canceled for the planned date. A low premium insurance policy to cover all of the wedding day suppliers and events will compensate for those unexpected situations that can leave you seriously out of pocket.
Don’t Forget to Plan for Wedding Insurance Early
When you start to plan the wedding arrangements most couples wouldn’t consider including insurance as a part of their list – but you should! When you have set your wedding date and you start to book the suppliers for your wedding you are starting to make financial obligations for the big day – at that stage you should have your wedding insurance in places as well. This will give you a maximum period of cover for your insurance fee as well as adequate cover should anything go wrong in the period leading up to your wedding day that may leave you financially disadvantaged.
Wedding Insurance Policies
Most wedding insurance policies are similar, both in price and in the level of cover that they offer, but it’s still worth shopping around to find the cover that best suits you. The internet and insurance brokers are a great source of information for the levels of cover offered by different companies. A good policy will include cancellation (but unlikely that this would include a change of mind!), the wedding rings and other wedding jewelery, wedding dress, the Groom, Best man and bridesmaid’s outfits (if you are hiring formal attire, then check the insurance requirements), venue(s), caterer, transportation, florist, personal accident for the Bride and Groom if this affects your wedding plans, personal liability, wedding cake damage, photographer (including destruction of the wedding photographs), wedding gifts (ensure that cash and vouchers are included).
The insurance cover for your honeymoon should be arranged separately from the wedding insurance. Your honeymoon would normally be covered by travel insurance, generally arranged at the same time as making your travel arrangements. However, you may wish to consider that the travel insurance would not normally cover cancellation as a result of your wedding plans having been disrupted, so you may want to include cover for this with your wedding insurance policy or take out separate cover for this specific risk.
Peace of Mind for Your Wedding Day
Planning and organizing your wedding can be a very enjoyable experience, leading up to one of the most exciting and important days of your life. No one expects things to go wrong, and they rarely do, but you should have the reassurance of wedding insurance to give yourself peace of mind over any unexpected or unpredictable events that could disrupt your wedding day. When you start to plan your wedding day and book the suppliers, take out your wedding insurance policy at the same time. This gives the maximum period of cover and means you can concentrate on your wedding whilst you have the reassurance that the whole event is covered by your wedding insurance policy. Enjoy planning for the big day and your wedding day itself – congratulations, it’s one of the most enjoyable days of your life.
Article by Steve Shaw, of wedding services and information. The website offers advice and information on organizing and arranging your wedding.
Photo by lemonjenny