With so many elements of cover to consider when it comes to wedding insurance it is easy to see why many of us decide to leave it and hope for the best.
However, wedding insurance is likely to be one of the smallest expenses towards planning your big day - cover can start from around £50 and if things go wrong, you will at least have a financial safety net to fall back on.
What will it cover?
First of all, it is important to note that while wedding insurance will cover many eventualities including many different reasons for cancellation, it almost certainly will not pay out if you or your fiancé experience last-minute cold feet and decide to call the whole thing off.
It also will not pay out for details that do not turn out as you would have liked on the day, for example if a rainstorm ruins your bridesmaids' make-up or the cake turned out to be chocolate rather than fruit.
Wedding insurance will cover circumstances such as your wedding venue no longer being able to hold the ceremony or reception due to fire, flood, or another disaster. It will also generally cover damage to your wedding dress before the day, damage or loss to your photographs, rings, flowers, cake or presents, and costs incurred if your supplier goes bust or your wedding transport, photographer, registrar, or other essential official fails to show up.
It will also usually cover you if you have to cancel your wedding for reasons such as a bereavement or illness in the family, though exactly when you will be covered for cancellation will be detailed specifically in your policy - so you will have to check your terms and conditions carefully.
Is it worth it?
Whether or not you think it is worth buying insurance to cover your wedding is ultimately for you to decide. There is no obligation to buy it and many uninsured weddings do of course go off without a hitch. It comes down to whether or not you feel you would be happier knowing some of the costs of your wedding are covered by insurance.
It is possible to get a decent policy that covers the essential things you need at a reasonable price if you shop around and gather several different wedding insurance quotes, and if you make sure you read the terms and conditions carefully before deciding on a policy.
Go through the conditions of any policy you are interested in with a fine tooth comb before shelling out for it, as exclusions (as with many other insurance policies) can catch you out if you are not aware of them when you buy.
Remember too that it is likely you will have to pay an excess towards any claim you do need to make that will vary policy to policy.
What else should I consider?
Before you rush out to buy a wedding insurance policy, remember that it is possible to 'insure' some larger purchases yourself (those over £100) such as deposits by putting them on your credit card.
Doing this gives you a degree of protection thanks to the Consumer Credit Act 1974, which states that both you and your credit card provider will be liable for the purchase if something goes wrong and it fails to materialise.
Also, it is worth having a look through your home insurance documents before you begin to pick out a wedding insurance policy. It may well be that some eventualities that may come with a wedding are already covered under the 'special occasions' clause of your home insurance, or you may be able to temporarily increase your home insurance contents cover for expensive items such as wedding gifts left in your home while you are on your honeymoon.
Finally, remember that wedding insurance generally will not cover your honeymoon, and this will require separate travel insurance. Having both this and an adequate level of wedding insurance in place will ensure your nuptials are fully covered, from walking down the aisle to your wedding night!