Insurance – is your business covered?
No matter what sector of the wedding industry you belong, whether it’s planning, styling, transportation, media, retail or creative – insurance is key to each and every business. With over 35 years of industry experience, the Wedding Insurance Group was created to serve as an expert broker of wedding and event business insurance. They have given us a few different claim scenarios, which highlight the dangers you can face as a wedding business and the importance of having the right policy and protection at a good price!
A flood usually occurs following stormy weather conditions and can cause damage to business contents and stock. As a result, the policy would respond and the insurance provider would organise new replacement items to ensure that the client is back up and running as soon as possible. They would also help with the clean up – utilising their network of approved services.
2. Theft of Business Equipment
A wedding business discovers that two state of the art cameras have been stolen from the venue whilst working at a wedding event. With the Wedding Insurance Group, the insurance provider would cover items left under the custody and control of a third party venue.
3. Business Interruption
A bridal retailer suffers when a fire near their premises occurs. The fire quickly spread to their business and left the building unusable. The insurance policy would have not only covered the physical damage to the building, the business equipment and contents/stock inside, but it would also cover the costs of alternative premises and any loss in income whilst the retailer were unable to trade.
4. Professional Indemnity
A wedding and event planner is hired by a couple to plan their wedding. Unfortunately, the couple are not satisfied with the end result and accuses the planner of making an error in the course of their duty. The insurance policy aims to protect the planner’s business against the cost of settling or defending the couple’s claim about the quality of work delivered.
5. Employers’ Liability
An employee injures themselves whilst dressing the venue and requires hospital treatment. The insurance policy would respond if the injured party brought a claim against their employer. Employers’ liability also covers labour-only subcontractors working under your control, apprentices, volunteers, and work experience personnel.
6. Public and Products Liability
A wedding guest trips over some catering equipment left out in the corridor, suffering injuries which unfortunately leads to hospitalisation. Public liability covers the claim from third parties following bodily injury or property damage.
As the above demonstrates, there are many situations where you could find yourself in need of quality insurance.
Who are the Wedding Insurance Group?
With over 35 years of industry experience, the Wedding Insurance Group was created to fill the gap that many wedding professionals faced when searching for a bespoke insurance package that is designed specifically for their trade.
So, what do the Wedding Insurance Group offer?
They offer quality insurance products at an affordable price backed by leading UK based insurance providers. The Wedding Insurance Group are proud to represent the wedding industry and have created policies which are unique to them.
To get a quote, call 0121 550 2380 (9 am to 5 pm, Mon to Fri) or request a call back.