You’ve got a beautiful diamond ring on your finger, you’re looking forward to the future with the love of your life but first you need to plan the big day.
But weddings are an expensive business. By the time you’ve hired a venue, chosen the food, found the dream dress and invited 160 guests, the total cost can come as something of a shock. After all, the average wedding costs £20,500 so do you want to really add wedding insurance to the bill?
With so much preparation and expense that goes into planning the perfect day, wedding insurance will protect you if the worst happens.
While it can’t cover a change of heart, it can help protect you if there are problems with the venue or a supplier. Insurance covers you financially if your nuptials don’t quite go to plan.
Wedding insurance policies list all the elements of cover they provide, and the sum they will insure up to for each of these elements. Unlike car insurance or home insurance, the wedding insurance premium you pay isn't usually dependent on your individual circumstances, such as age or location. Instead, you buy a set amount of cover for a fixed premium price.
All policies are different so it’s important that you shop around for the best deal and always read the small print.
You can buy cover up to two years before the wedding. The sooner you buy the wedding insurance the sooner you’re covered should something go wrong in the run-up to the day.
If you’ve decided to escape the possible chance of Britain’s grey skies for sunnier climes, make sure you know what you are covered for abroad. There are specialist deals for weddings overseas.
What do most wedding insurance policies generally cover?
Suppliers/ venue cancellation: Unless you plan on doing everything yourself, you rely on several different people to make sure your day is as you imagined it. Making sure your day goes without a hitch takes a small army of professionals. If a venue goes bust, or a supplier fails to deliver flowers or the cake in time or at all, insurance will provide you with a safety net. Comprehensive policies should also include cover for loss, theft or damage to wed
Illness or absence of key people: If the bride or groom falls ill and the wedding day has to be postponed, or if a close family member gets sick, insurance will cover the cost of rearranging the day. If the bride or groom is in the army and their leave is cancelled, insurance may cover the cost of rearranging the wedding if this was unforeseen.
Bad weather: This can put a serious dampener on weddings, but you’ll only be covered for this if it’s reasonable – and fairly disastrous. You obviously can’t claim if you get a rain shower – but if a storm, flood or heavy snow closes down your venue or stops people travelling, you can make a claim.
Photos and video If your photos can't be printed because the film or any digital media has been damaged, your insurance may pay for a photographer to reshoot the wedding party and cover the costs needed to do this.
Redundancy: Some wedding insurance policies will offer cover if one of you is made redundant in the run up to the wedding.
Public liability: Public liability insurance covers situations such as damage to the wedding venue, like a guest spilling red wine over an expensive carpet or rug.
If you need to make a claim:
If you need to make a claim on your wedding insurance it's important to contact your provider as soon as possible - there'll be a phone number included with your policy details.
If you need to rearrange your day, you'll need to contact your insurer before planning an alternative.
Keep a record of everything you book in writing, make sure you have written agreements or contracts with your suppliers and get receipts for everything you pay for. You may need to dig these out when making a claim.
If you're making a claim after the wedding it's important to do so as quickly as possible - don't wait until you're back from your honeymoon to ring.