Getting insurance for your wedding is not really a subject that anyone wants to think about. Mention wedding insurance to someone and they ultimately think that it's their partner that doesn't turn up on the day or runs down the aisle, never to be seen again. The facts however are very different from this because ironically wedding cancellation insurance will not pay out if your partner does 'do a runner'.
There is a lot of expense to getting married and you may have had to borrow money to afford the day of your dreams. This money that you have borrowed isn't really against any assets as such so it's not as though you can sell 'something' if you have to cancel your wedding to pay off the borrowed money. It is for this reason alone - whether you have borrowed the money or saved the money - that you should seriously consider wedding insurance.
Weddings are notoriously expensive and they are perhaps the second biggest financial outlay in your life, second only to buying a home so why wedding insurance has been about for longer I'm not sure.
There is more than enough to worry about with getting married and having insurance for your wedding will take an extra worry of your shoulders. If a supplier cancels at the last minute then you will have the financial ability re-organiser a supplier at short notice without having to worry about the costs.
There are may companies in the UK that already offer wedding insurance and it's just starting to catch on in the USA.
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