Following news that wedding supplier Confetti has gone into administration, Ecclesiastical, one of the UK’s leading providers of wedding insurance, has advised prospective brides and grooms to contact their wedding insurers if they have any questions or concerns relating to this news.
According to Ecclesiastical, supplier failure has been the largest source of claims on the company’s wedding insurance policies over the last two years, followed by damage to wedding outfits and cancellation or rearrangement of the event.
Ecclesiastical’s wedding insurance manager David Simms said: “I’m sure there are a lot of brides and grooms out there who’ve read about Confetti’s problems and felt their hearts drop. If the worst does happen, the good news is it doesn’t necessarily have to end in disaster if you’ve bought wedding insurance.
“One of the main benefits of wedding insurance is to protect couples against supplier failure. It’s happened many times in the past and is likely to happen again as we continue to work our way through the economic downturn. The key is to protect yourself against the possibility and ensure that the happiest day of your life is exactly that.
“Couples can take the following simple steps to protect themselves against supplier failure: Study the terms of your contract – make sure you’re aware of what you’re signing up to. If the company does go bust, where will this leave you? Go with a recommendation – use a supplier you trust, who has been around a while and who friends or family can recommend. Make sure you’re covered – if a supplier goes bust, you may be last in line to claim back a deposit. Insurance can cover you.