Unglamorous as it may seem on your budget sheet, wedding insurance is increasingly necessary as wedding costs spiral. Don’t assume that weddings only get cancelled because of a change of heart. The death of a close relative, a broken bone or an overseas posting can mean having to postpone your wedding, and wedding insurance can help you recover at least some of your costs. Managing your wedding finance is going to be tricky enough as it is but if your wedding is cancelled and you have no wedding insurance it is going to be a lot harder. Wedding insurance also covers unforeseen problems on the day such as damaged hired items, theft of wedding gifts and failure of a supplier.
In the course of planning a wedding the average couple will sign contracts to the value of between £10,000 and £20,000, but how many actually read the small print unless something goes wrong? Many couples are surprised on cancelling a particular service that not only do they lose their deposit, but legally they are liable for the full costs. Make sure you check the wedding supplier contracts carefully!