Wedding Insurance
Everyone hopes that their wedding day will be the happiest day of their life. However, even with all the costs and stresses involved with planning your big day, there is no guarantee that everything will run smoothly. Most couples decide to take out a wedding insurance policy for added peace of mind, particularly at the moment when businesses you might want to book are at a greater than usual risk of going out of business before your big day.
The average wedding day costs at least £10,000 to £20,000, so it obviously pays to protect your investment.
How does wedding insurance work?
There are two types of wedding insurance. The first type could save your wedding day in the event that something unexpected happens at the last minute. For example, if the caterers you booked go out of business, your insurance provider will arrange suitable replacements. Basically, wedding insurance would allow you to amend your plans without having to meet the full costs of doing so.
The second type of wedding insurance will cover items that cannot be replaced. For example, there's nothing much you can do about your wedding day photos being ruined, but a pay out from your insurance might mitigate the distress caused.
What does wedding insurance not cover?
It is important to note that wedding insurance will not cover either the bride or groom getting cold feet!
However, cover tends to be fairly flexible, so if you need extra cover for something particularly expensive or unusual, your insurance provider should be able to tailor the policy to give you peace of mind.