UK Wedding Insurance Policy: What Is Wedding Insurance and Is It Worth It?
A wedding insurance policy is a sort of special event insurance that protects you financially in the event of an unforeseen occurrence. There are two primary types:
Liability insurance for weddings: Liability insurance will assist you in covering the costs of property damage and injuries sustained during your event. For example, if a wedding guest overindulges in the open bar and breaks the venue’s window, liability coverage may cover the cost of replacing or repairing the window.
Cancellation or postponing of the wedding. If the ceremony or reception must be canceled or postponed due to reasons beyond your control, wedding cancellation or postponement insurance will reimburse you. For example, if the ceremony was canceled due to extreme weather—such as a hurricane or heavy snowstorm—illness, injury, or a vendor going out of business, your coverage may cover you.
Riders for Wedding Insurance
Wedding insurance usually only covers specific situations, but you can add on supplementary insurance riders to gain more coverage. The following are examples of common riders that may be available:
Service in the Military: A military service rider would cover the costs of postponing your event if you or your partner are in the military or active reserves and are called to duty.
Tuxedos and Bridal Gowns: This rider will help cover the cost of new garments if the retailer where you bought your wedding gown or tuxedo goes out of business, leaving you without your wedding clothes or deposit.
Honeymoon: A honeymoon rider could pay you for your travel expenses if you have to cancel your honeymoon due to bad weather or illness.
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What Isn’t Covered by UK Wedding Insurance Policy?
A wedding insurance policy does not cover everything that could go wrong on the day of the wedding. While policy conditions vary depending on the insurer, the following exclusions are common:
Cost: In general, wedding insurance does not cover cancellations or postponements due to financial constraints. For example, imagine you discover that the cost of the ceremony and reception exceeds your budget and you decide to cut back. Your wedding insurance coverage will not reimburse you for any lost deposits or other expenses in this scenario.
A change of heart: If you or your spouse decides not to be married, your coverage is unlikely to cover the costs associated with the cancellation.
Bad weather: Only extreme weather-related cancellations or postponements will be covered by wedding insurance, which means conditions so bad that you, your partner, or at least half of your guests can’t get to the wedding venue. The policy will not reimburse you for more common weather situations, such as rain on the day of your beach wedding.
Before you buy a policy, read the terms and exclusions carefully to be sure you know what’s covered (and what isn’t).
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What Is the Cost of Wedding Insurance?
The price of wedding insurance is determined by a number of factors:
- Your current location
- The issuing insurance company
- Amounts of coverage
- The wedding’s size
Riders who aren’t required
The cost of a basic cancellation and postponement policy ranges from $155 to $550. A general liability policy that covers accidents and injuries up to $1 million costs roughly $185.
Are Gifts Covered Under UK Wedding Insurance?
Unless you add a wedding gift rider to your insurance plan when you buy it, a basic wedding insurance policy normally does not cover lost or stolen items.
Is Breakup Covered By Wedding Insurance?
Unfortunately, most UK wedding insurance policies do not cover cancellations caused by a couple’s divorce.
I’m looking for wedding insurance, but I’m not sure where I can get it.
Some major insurance firms, as well as companies that specialize in this field, sell wedding insurance.
Final Thoughts
If things go wrong on your wedding day, wedding insurance coverage might assist pay the costs.
