15th January 2020
Why Do Wedding Planners Need Insurance?
As a wedding planner, you do your utmost to ensure that couples have the wedding day that they've always dreamed off. But things can go wrong when you’re under pressure to deliver the perfect wedding day.
What happens if you made a mistake that leads to your customers losing money?
This could easily happen if you forget to make a crucial order or you make an error on a booking. You will then not only be faced with an angry bride and groom but also a compensation claim. This is where professional indemnity insurance would come in to play as it could cover the cost of any legal fees and compensation payment.
Being a wedding planner also means that you will come into contact with many different people on a regular basis from suppliers to the wedding guests they all leave your wedding planning business open to claims for injury or damage to there property. So, adding public liability insurance cover would be worth considering in case a wedding guest or worse still the bride trips over a box you have left lying around.
If you are a wedding planner.
If you are planning your own wedding.
What insurance covers do wedding planners need?
You should choose your insurance carefully based on what your individual business needs, but listed below are some general covers that are useful for wedding planners.
Professional indemnity
Professional indemnity insurance offers wedding planner’s protection in case they are sued by a client because they believe that the wedding planner has been negligent or made a mistake in their work. This will provide cover whether the wedding planner was actually at fault or not, court cost can be expensive, and this type of insurance can provide essential cover legal costs as well as any resulting compensation claims.
Public liability insurance
Public liability insurance can help protect your wedding planning business against compensation claims made by a member of the public for bodily injury or damage to their property. For example, you’re helping to set up a wedding and you leave boxes of decorations on the floor, which a supplier then trips over. This could result in the supplier suing you for an injury they’ve suffered from the fall.
Employers liability
Employers’ liability insurance is a legal requirement if your wedding planning business has employees. It covers claims made against you by an employee or former employee for injury or illness caused by their employment.
Office insurance
Office insurance can cover your business premises, contents and computer equipment against theft or damage. Can also help get your wedding planning business up and running again if your premises is damaged by something like fire, flood or burglary.
