Saturday, 8 September 2012

Wedding insurance

Today has been another gorgeously sunny day, and if anyone chose this weekend to get married on, and I know of one couple in St Albans, then the weather will have been perfect. They won't have had need of Wedding Insurance, at least not because Rain Stopped Play. Or the tsunami did, if in Phuket.

A leaflet at the checkout at Waitrose caught my eye a few days ago. It was about this very kind of insurance. Offered by John Lewis, for the sort of people who go to their stores and shop at Waitrose. The policy covers:

# Cancellation or rearrangement costs
# Failure of suppliers
# The wedding attire, flowers, and cake
# The wedding ring
# The wedding gifts
# As an option, the marquee at the reception
# As an option, the risks of a wedding abroad

There are six levels of cover. You choose which you want. On the front of the leaflet it says 'Cover from just £58'. Really? I'm sure that anyone selecting a level 6 cover will be paying a lot more than that. Level 6 will pay out up to:

£100,000 for cancellation or rearrangement costs.
£50,000 if the suppliers let you down.
£50,000 for a ruined wedding dress, or the groom's suit, or the bridesmaid's outfits, or the wrong flowers, or a wrecked cake.
£15,000 for a lost or stolen wedding ring.
£15,000 for lost or stolen wedding gifts.

What struck me are the huge figures here. Do people really spend so much? Well, if serious insurance is being offered for amounts like these, then the answer must be yes. Personally, I'd say that a quiet local register office wedding clad in off-the-peg John Lewis togs, with a pub lunch in a private room for not more than twenty guests, and a half-decent week's honeymoon to follow, would surely cost no more than £2,000 if you were reasonably careful.

Of course, I don't rate weddings much. I'm not against them, and not 'doom and gloom' about them - I don't refer to them as 'funerals' for example, as some do - but I've seen enough to convince me that this is not money well spent. Nor do I come from a background where making a splash is expected. I certainly don't have Romantic Notions about the day of someone's marriage being The Most Special Day Of Their Life, worth any outlay, worth going into permanent debt for. It will almost surely not be a unique event in their life. (I've become so cynical)

And yet, if I'm honest, I do like to go as a guest!  I haven't been to a wedding for over nine years. Come on, somebody! My wardrobe is stuffed with super outfits that have never yet been on parade, and would do nicely for a Big Event. (If they still fitted. Sigh.)

6 comments:

  1. Have to agree with you on this Lucy. What is the point of spending all that cash, even if you have it? What really matters is the ceremony and the life that follows. My own marriage cost a pretty penny but it was my father-in-law who wanted to pay for it all. We both didn't want all the fuss and yes, the debt too! Insurance? What is it with people? I wonder if they've thought of insuring against a bad marriage yet?

    Shirley Anne x

    ReplyDelete
  2. Shirley Anne, I hate to think what the premium for that would be!

    Humans are strange, just when money is needed most to get started in life it is flung about without thought or great debt incurred...

    It is just a contract between two people after all!

    ReplyDelete
  3. I agree with you Lucy. It is much too much to spend on a wedding. Much better to concentrate on working to make the marriage a good one for the years to come.

    Sorry, can't help you out with an occasion for your outfits.

    ReplyDelete
  4. It is truly frightening how much some folk spend on their wedding. I attended one a few weeks ago in which the bride arrived at church in a carriage pulled by two black horses that had been transported to Cornwall from London.

    As someone who's been happily married for 40 years, I strongly dispute the contention that a wedding day is 'the happiest day of your life'. Happy, yes, but nothing in comparison to the enduring happiness of a loving partner and family, and loyal friends.

    ReplyDelete
  5. I like to think the spend on my daughter's wedding next April is going to be very modest. I think I might be disappointed though. Just yesterday I transferred over £250 as half the cost of the deposit on my daughter's dress. Of course, I look forward to getting myself a nice outfit too!

    ReplyDelete
  6. Cost of Life Insurance Cost of life insurance ultimately depends on many factors including your age, gender, weight, if you’re a smoker, the amount you wish to take out, the period you plan on taking it out for, whether you’re a healthy weight, have an illness (terminal or not) and whether or not you work in a hazardous environment.
    Cost of Life Insurance :-Cost of life insurance ultimately depends on many factors including your age, gender, weight, if you’re a smoker, the amount you wish to take out, the period you plan on taking it out for, whether you’re a healthy weight, have an illness (terminal or not) and whether or not you work in a hazardous environment.

    ReplyDelete

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