Getting married? Do you need wedding insurance?

Planning a wedding or thinking about getting married soon? You may be thinking about getting wedding insurance to cover the cost of your big day but do you really need to pay out for this cover which will add an additional expense to what is already a costly affair?

Some people may wonder what the point of wedding insurance is but it is there to cover a number of things that could happen to postpone, cancel or unexpectedly change your wedding day. Wedding insurance is likely to cover events such as the wedding venue going out of business, flights being delayed or cancelled or a member of your wedding party being unable to attend the ceremony.

The insurance means you have protection and should be able to recoup money should something go wrong on or just before your wedding day. Under Section 75 of the Consumer Credit Act 1974, some payments between £100 and £30,000 are protected if you pay by credit card.

Section 75 doesn’t cover all purchases on credit card, it will cover the venue going out of business but not some other things so it is worth looking into exactly what it does cover and then making a decision as to whether you need additional cover via wedding insurance or not for your upcoming nuptials.

I’m going to get insurance so what kind of cover can I get?

Insurance policies for weddings offer certain amounts of protection so the best thing to do before looking at policies or purchasing one is to work out how much you have spent on your wedding. You will then be able to find a policy which gives you enough protection to cover the cost of the wedding or a certain area of it such as caterer cancellation.

Therefore if your wedding cost £35,000 altogether then it would be worth looking into a policy which will cover the entire £35,000 in case the wedding needs to be cancelled or re-arranged. There are several different policies on the market so there is something to suit all weddings and budgets.

How much is wedding insurance likely to cost?

Depending on the level of cover you choose and the insurer you opt for will depend entirely on how much you need to pay for your cover. Insurance is usually made in one payment and the policy will start when you take out the cover, which can be up to two years before the wedding date, and ends after the wedding is over.

For more information on wedding insurance, get in touch with an insurance expert or a wedding insurer as they will be able to answer any questions and queries you may have.

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