Wedding
As far as figures relating to wedding insurance are concerned there is an alarming factor which may soon become an invertible disaster that is almost waiting to happen. Consider this fact that wedding which is the most important time in anybody’s life is being under insured by most. The masses simply tend to avoid or assign least importance to the insurance part of a wedding. You will be surprised to hear the fact that in a particular year the number of weddings cross over a whooping 20,000 i.e. roughly 54 weddings per day and on an average two weddings per hour and counting.
This includes wedding, reception and honeymoon. On the other hand there are a number of young newlyweds who do not spend even a single penny for the cause of insurance. Most of the registered married couple in UK has grossly undervalued the sum of insurance for this once in a life time event and that is a meager thirty to forty percent of the total value of the ceremony. We can attribute this phenomenon to the human physiology of keeping back-up for not so good times. A my-weddinginsurance takes up significant chunk o money which acts as a substitute for starting their married life.
Let’s take an example of five thousand which is the costly enough for young couple to invest as insurance for this grand day. What they tend to sideline the fact is that it takes only a second to make things go haywire and the whole event has to be postponed or cancelled.
There is an interesting but baseless factor best wedding insurance comes handy only in extreme situations. These conjured up situations range from food poisoning to even death of the bride and groom. How this fragment of imagination has hands and feet is a million dollar question and a satisfactory answer needs to be fathomed out.
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