Why Do You Need Wedding Insurance?

Weddings and civil ceremonies take an awful lot of planning – and can be incredibly expensive affairs, depending on what you have in mind. That’s why it’s wise to take out wedding insurance, so you know that the costs are covered if something goes wrong.

What you will need to remember is that while policies will cover you for problems with your suppliers or your venue, or if someone integral to the wedding party falls ill, you will not be given cover for the cost if either you or your partner has a change of heart.

The kind of policy you take out should reflect the amount of money you’re spending on your wedding and if you’re working to a small budget, you may find it not necessary to take out any cover at all.

Typically, policies will cover you if a venue cancels or goes bust, a supplier lets you down, lost, stolen or damaged rings, cakes, flowers, gifts, attire and so on, if your photos and videos don’t arrive, and personal liability and legal expenses.

You may also be able to pay extra to get the likes of marquee and bad weather cover added to your policy, as well. Those of you planning destination weddings would be wise to check that your policy covers you abroad.

To ensure that you choose the right policy for you, you need to work out how much your big day will cost you. You would be doing this in any case, no doubt, so you can set yourself a realistic budget for the event, but insurance companies use different bands for different types of cover, which will depend on how much the wedding costs.

If something does go wrong, you’ll need to get in touch with your insurance company directly. If they don’t respond in what you consider to be an appropriate way, you can then take your complaint to the Financial Ombudsman, which will make a decision on claims if you’re involved in a dispute with your provider.

Take a look at this article on the Wales Online website if you’re thinking insurance may not be necessary. Apparently, two brides-to-be had booked The Corran Resort and Spa in Laugharne for their weddings, one in May and the other in November, only to find that the company had gone into liquidation.

Both said they have received no contact from the business and, instead, found out that it had gone bust through friends. One bride, who chose to remain anonymous, said she had paid £10,000 out of £15,000 for the hire of the venue but because she did have insurance in place, she hopes she’ll be reimbursed.