A boring topic, but one I think is worthwhile having! You insure your car, home, and pets so why not your wedding? Insurance is there for those 'what if' moments and hopefully you will never have to claim, but its better to be safe than out of pocket. The point of insurance is basically a backup if something were to go wrong during the lead up to your big day.
DO I NEED INSURANCE?
This depends on how much you are spending on your wedding and whether you believe you need added protection over and above any existing cover you might have. Venue cancellation and supplier failure are the two main reasons people buy wedding insurance. Insurance usually covers venue or supplier failure, key people falling ill, NOT cold feet!
WHEN SHOULD I GET IT?
Add it to your wedding to-do list from the beginning, or as soon as you start spending money on your big day.
WHAT DOES IT COVER?
Always check the small print first, as the price you pay will depend on what you want covered.
1. If the venue goes bust or cancels on you - If the venue for your wedding or reception were to flood, burn down, go bankrupt or have to cancel your booking, then you should be covered.
2. If a supplier lets you down - If one of your pre-booked suppliers, such as those supplying your flowers, cake, transport, photos or music, lets you down (ie, you don't get the item/service, or it's damaged) you'll be covered for any deposits you've paid out and any additional costs you incur. This only works if you've got a written agreement or contract with the supplier – and not all insurers cover the same suppliers, so check.
3. Death/ illness - You will be covered if you have to cancel or rearrange your wedding because of illness, death or accident to the couple getting married or someone in the wedding party (close family, the bridesmaids or best man) as long as the illness wasn't caused by a pre-existing condition.
4. Lost, stolen or damaged items - Depends on the item
Ring - These should be covered if you lose, damage or have them stolen, but only usually from a week before the wedding and up to 24 hours afterwards, although this can vary by a day or two so always check the small print. Engagement rings, which are often more expensive, will not be covered so you should add these to your home insurance.
Cake - Usually covered up until the start of the wedding reception if it's lost, stolen or accidentally damaged. If you pick it up from the shop but it isn't packed properly while transported to the wedding and is ruined, it won't be covered. Similarly, if it's stolen from an unattended car and it's in sight you won't be covered.
Flowers - Covered until the start of the reception. They need to be packed properly while they're being taken to the wedding and if they're stolen when left unattended, it's unlikely you'll be able to claim.
Wedding Attire - You'll be covered if the wedding attire – the wedding dress, suits and other outfits – is lost or damaged beyond repair while in your possession. The items are usually covered from the date you buy the policy if you have bought them, or 24 hours before if they're being hired. The insurer should pay for repair or replacement clothes, plus hire and alteration charges.
Gifts - If your gifts are lost, stolen or accidentally damaged during the wedding – either those brought by guests for you or presents you've bought for those at your wedding – they will be covered as long as they haven't been left unattended.
WHAT'S NOT COVERED?
Honeymoons are not covered as standard, although some providers will bundle yours in (at extra cost, of course). So bear in mind that you might have to buy separate honeymoon cover or take out a travel insurance policy.
Having that peace of mind can make all the difference and it's one less thing to worry about. Shop around for the best deals. Work out how much you are going to spend on each wedding item, then find a policy that covers everything on your list at the right amount for each individual item.