Do I need Wedding Insurance?

Do I need Wedding Insurance and what is it?

You may have probably heard wedding horror stories of things going wrong - the bridal party getting lost on the way to the ceremony, the wedding cake falling over, the DJ, Band or photobooth not showing up. 

While most wedding fails are not as dramatic, they can still cause a lot of stress and cost money to fix. That is where wedding insurance comes in. 

Wedding insurance can protect you from any number of wedding catastrophes, from cancellations to bad weather. 

If you are planning your wedding, then you should consider purchasing wedding insurance. 

Below we will discuss what wedding insurance is and why you may need it. 

What is Wedding Insurance?

Wedding Insurance is a type of insurance that protects you from financial loss in the event that something goes wrong with your wedding. 

For example, if a wedding planner goes bankrupt, wedding insurance can help reimburse lost deposits. 

If your wedding is cancelled due to bad weather, wedding insurance can help reimburse other non-refundable expenses like airfare and hotel rooms etc

Other things covered can include cancellations, accidental damage, or even the death of a family member. 

It's important to note that the cost of wedding insurance will vary based on a number of factors, including the size and location of your wedding, the type of coverage you need etc etc

For example, if you're having a small wedding with only 50 guests, you might not need the same level of coverage as a couple who's hosting a 300-person destination wedding somewhere. 

Or, if you're worried about weather-related disasters, you might opt for a policy with higher coverage limits for things like cancellations and postponements. 

Ultimately, the best way to figure out how much wedding insurance you need is to speak with an insurance agent who can help you understand the various coverage options and choose a policy that fits your needs. 
While wedding insurance isn't required, it can give you peace of mind knowing that you're protected in case of any unexpected disasters on your big day. 
And, if something does go wrong, wedding insurance can help you recover some of the costs so that you can focus on what's important - enjoying your new marriage! 
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​Should I take out Wedding Insurance?
Imagine what could happen if your wedding day was cancelled due to torrential rain, an injury, or another unforeseen circumstance. All of the money that you've spent on vendors, deposits, and other wedding-related expenses would be lost. 

Wedding insurance is designed to protect you from financial loss in the event that your wedding needs to be cancelled or postponed. 

The average cost of a wedding in the UK is around £20,000-30,000. However, this number can vary greatly depending on the location, size, and type of wedding. 

Many wedding vendors require a deposit to secure their services, and these deposits can be non-refundable if the wedding is cancelled. Wedding insurance can help reimburse you for these non-refundable deposits.

Wedding insurance can also cover other expenses, such as the cost of rescheduling the wedding or renting a new venue if the original venue becomes unavailable. 

In short, wedding insurance is a smart investment that can save you a  lot of money and stress in the event that something goes wrong with your wedding. 

If you're still on the fence about whether or not to purchase wedding insurance, we recommend doing some research to figure out what type of coverage is right for you. 

There are many different types of policies available, so it's important to find one that fits your specific needs. 

What about my Honeymoon? Would that be covered under my wedding insurance policy?

For many couples, the cost of the honeymoon represents a significant part of their wedding budget. 

As a result, it's not surprising that one of the most common questions insurers get asked is whether or not honeymoon costs are covered under a standard wedding insurance policy in the event that a couple has to cancel their wedding. 

The answer to this question is unfortunately "usually" no. 

You need to take out a separate travel insurance policy for your honeymoon.

However, there are some things that you can do to try and recoup some of the costs. 

For example, if you have to cancel your honeymoon due to a covered reason under your wedding insurance policy (such as the illness of a close family member), you may be able to get a refund on any non-refundable travel expenses. 

It's always best to check with your insurer beforehand to see what is and isn't covered. 

What is not covered by wedding insurance?

There are of course certain items that are NOT covered under a standard wedding insurance policy.

These items can include: 

cancellations due to "cold feet" 
expenses incurred if the wedding is postponed for no specific reason
loss or damage to gifts 
separation before the big day. 
Some insurers may offer optional extras to cover these excluded items, so it's always worth checking with your provider. 

Is Covid covered by Wedding Insurance?

The question of whether or not Covid is covered by wedding insurance is a difficult one to answer. 

This is because the virus is still relatively new, and many insurance companies are still developing their policies to cope with the Virus.

Some insurers may still classify Covid as an "act of God," which is a term used to describe an event that is beyond human control.  Others are now actively using Covid cover as a selling point, so it is worth shopping around.

In the meantime, we recommend always checking with your insurer to see if they do have specific cover.

How to make a claim on your wedding insurance.

Making a claim on your wedding insurance is not as difficult as you might think. If something goes wrong on your big day, the last thing you want to worry about is whether or not you are covered. 

Here are the steps you need to take to make a claim: 

First, contact your insurer as soon as possible. 
They will then send you a claim form, which you will need to fill out and return. 
Include any supporting documentation, such as receipts or quotes. 
Once your claim has been processed, you will receive a payout. 
It is important to remember that wedding insurance is there to protect you from the unexpected. 

So, if something does go wrong, don't hesitate to make a claim. 

Better to be safe than sorry!
If you're not sure whether you need wedding insurance, our advice is to err on the side of caution and go for it.  

Don't let something as unpredictable as the weather ruin your wedding day. Be sure to purchase wedding insurance to protect yourself from any financial losses! 

Have you got your wedding insurance sorted? Let us know in the comments below.

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