The Truth About Who Wedding Insurance Is Really For
The Truth About Who Wedding Insurance Is Really For
If you've been thinking about wedding insurance recently, then there's something you really ought to know. Perhaps you've suspected it all along, but the truth is that unless you're the very definition of paranoid, you don't really need wedding insurance at all.
That's right, it's all just another way of pushing up the cost of your wedding. After all, some of those policies almost cost 20! Imagine - that's almost the price of a good quality bottle of wine for your reception, or another bunch of flowers for the church. It's important to get your priorities into perspective.
In any case, the average wedding in the UK only costs about 20,000, which is nothing really. Some people pay more than that for a car, and it's just a drop in the ocean as far as buying a house is concerned. It's not as though there's really any risk. You've probably already thought about what could possibly go so wrong at your wedding that you'd need wedding insurance to protect you, and the truth is that there's a statistic you probably ought to be aware of.
Out of all of those happy couples who were convinced that wedding insurance was the right thing to do, and who had to dig deep into their pocket for 20 or so, how many do you suppose actually had to call their insurance company for help and financial rescue? In fact, only half of those who took out an insurance policy ended up relying on it to save them anything from a paltry few hundred pounds to several thousand pounds or even the whole cost of their wedding.
That means of course that half of all those with insurance didn't need it! So you have a 50/50 chance of getting away with it, which is a pretty decent level of risk when you're only looking at your wedding. It is still only one day, after all. Not like life insurance which is, well, for life. Or car insurance - which at least lasts a full year, even if the monthly payments are more than the total cost of a wedding insurance policy.
But there's another fact as well. You probably don't need wedding insurance because you'll find a lot of different aspects of your wedding are covered by existing insurance policies you own. Your home insurance will probably cover all your wedding outfits, rings and gifts, as long as they don't leave the house at any point of course, and purchases made using your credit card will be covered, as long as they don't cost more than 100 or so, and fall within the terms of the protection policy.
Your health insurance may well pay for certain issues, and if your car is damaged on the way to the wedding, well there's always car insurance for that. These bits and pieces may well add up to several hundred pounds' worth of cover, which is a reasonable proportion of the 20,000 or so spent on the wedding in total, including the honeymoon, which might be partly covered by travel insurance unless you're planning on doing anything special on your trip away, or undertaking any energetic activities.
Yes, the more you think about it the more obvious it becomes. Wedding insurance is for those with no sense of risk and adventure! Six Tips On Getting Free Insurance Sales Leads The Reason Why Your Current Motor Insurance Is Often High Priced Combining Insurance Policies Save Money On Insurance In Santa Clarita You Must Check The Features Of Electrical Showers Before Buying Commercial Insurance In New Jersey Are You In Need Of Insurances For Small Businesses? Must-have insurance policies for young professionals How I Found A Cheap Insurance Quote Self build insurance – Protect your Financial Investments When Getting Motor Trade Insurance What Should You Look For? About courier insurance facts and quotes Critical aspects that appertain to small business insurance Issues to consider prior to getting small business insurance