Weddings and insurance do not seem to go together, it might be the very last thing that you think about and associate with marriage. So why would you need wedding insurance?

Peace of mind against the unknown

Wedding insurance is there for you in the event that something unexpected was to happen that might otherwise ruin your big day. While the insurance cannot stop anything untoward happening, at least you would not have to suffer financially. Typically weddings cost many thousands of pounds to arrange and set up. You have the dress, the wedding rings, the cake, the vendors and the venue to pay for. What if a vendor let you down, either through their fault of by accident? What if something happened to the wedding rings? What if the wedding dress was ruined due to a mishap before the big day and you have to get it repaired? There are numerous “what ifs”. Wedding insurance typically covers all of these and much more.

Different packages of insurance

So is there just one type of wedding insurance? No there are different packages offered by different providers. For instance there will typically be different levels of insurance. Insurance will come with maximum pay-outs. For instance there may be a limit on the amount the insurance company may pay-out towards your venue letting you down, or towards the wedding rings being stolen or lost. In other words if you take out the economy package you cannot expect to get back as much as you might if you take the deluxe wedding insurance package. The packages might also contain different benefits. With this in mind when you check for the cost of insurance you should always check out what benefits are included.

What to look for in insurance for your wedding

When looking for wedding insurance you should always check out any limitations and exclusions to the policy as there are some in all policies. For instance your wedding gifts may be covered for theft but there could be restrictions and exclusions. They may for example only be covered for theft if reasonable precautions were taken such as being left in a locked car. If they were stolen from an unlocked vehicle you may not be able to claim. When claiming for theft you generally have to report the theft and obtain a crime number. The limitations and restrictions may differ between providers so it is important to read the boring small print so you know where you stand.

Remember that the dearest wedding insurance package may not be the most suitable for your needs. Insurance should be based on the amount you have spent on your wedding. Therefore if you are going to have a small wedding you may not need to cover your wedding with the top insurance package, the medium or smaller one might work out just fine for you. After all if you have spent around £2,000 on your wedding and the top package offers to cover a wedding up to £10,000 you may be paying out too much for premiums for the insurance.

Author Bio: Our wedding insurance comparison table lists many popular UK wedding insurance providers. You’ll find the likes of Weddingplan Wedding Insurance and Dreamsaver Wedding Insurance listed along with major high street names such as Debenhams.

Category: Marriage
Keywords: wedding insurance