Valentines Day starts rush for wedding insurance
8 February 2010 By MoneyHighStreet Staff Leave a Comment
As many focus on the romantic Valentines Day, the weeks after this are among the most popular times to buy wedding insurance.
Wedding insurance can be helpful to cover a range of mishaps or issues arising around your big day. What would happen for example if your wedding dress was damaged or perhaps the wedding rings got lost?
Dave Simms, Personal Lines Manager at Ecclesiastical Insurance, which underwrites M&S Wedding Insurance, said: ‘Supplier failure was the main cause for wedding insurance claims in 2009 and can seriously disrupt a perfectly planned special day. Suppliers struggling in the current economic climate can cause brides and grooms stress and heartache by not being able to deliver contracted services. This often happens at very short notice before the big day.”
David Wells, M&S Head of Insurance said “Considering the cost of an average wedding and the current economic climate, wedding insurance really should be at the top of every bride and groom’s list.
When buying wedding insurance, it is important to think through all the services planned for the big day and make sure the right amount of cover is in place. Once the cover is in place couples can get on with the preparations for the big day.”
M&S offer four levels of wedding cover with prices starting at £59.
Debenhams also offer wedding insurance, starting at £53, including a 10% discount if you buy online.
M&S Money (the trading name of Marks & Spencer Financial Services) was founded in 1985 as the financial services division of Marks and Spencer Group plc. In November 2004, Marks & Spencer sold M&S Money to HSBC and it how has an executive committee comprising an equal number of representatives from HSBC and Marks & Spencer..
