E And L Wedding Insurance

Oct 07

Couples leave it late to buy Wedding Insurance

Research undertaken by Dreamsaver Wedding Insurance has revealed that couples are typically leaving it until 1 or 2 weeks before their wedding day in order to buy their wedding insurance.

One of the major benefits of a Dreamsaver Wedding Insurance Policy is that it can be purchased up to 2 years before the Wedding Ceremony date, protecting your money against a wedding cancellation (within the scope of cover) or a wedding supplier going bankrupt throughout this entire period. With the cost of the average wedding in excess of £20,000 it makes sense to have some sort of financial protection to safe-guard deposits, particularly with wedding venues taking bookings many months in advance.

The biggest culprits for leaving it late to buy wedding insurance are men, with a significant number buying a wedding insurance policy the week before the ceremony! This is unwise as the financial failure of wedding suppliers’ cover only applies 14 days after the policy has been bought, potentially leaving these couples out of pocket should the worst happen and they need to make a claim.

With 2 years of cover it makes sense to purchase Wedding Insurance as soon as possible.

‘I am surprised that couples are leaving it late to buy Wedding Insurance. With the average wedding costing £20,000 I would personally want that protected as soon as possible, if your wedding cost increases during the period of cover, we are more than happy to increase your level of cover for you.’, stated Jonathan Buttery, Director of Voyager Insurance Services who operate Dreamsaver Wedding Insurance.

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