Compare wedding insurance quotes | Monefi.
- Compare Business Insurance quotes from a range of leading UK insurers
- 80% of settled claims paid within 24 hours as of 2022
- In partnership with Simply Business
What is Wedding Insurance?
Business insurance safeguards your business against unforeseen financial losses. Our diverse range of products offers protection in several key areas, including:
- Accidents and injuries at the workplace
- Damage to, or loss of, tools and equipment
- Harm or theft of business assets and inventory
- Revenue loss
- Legal costs
Business insurance is essential for risk management and sustaining your business’s growth. With policies tailored to the UK market, Monefi will help you navigate the complexities of business insurance.
In partnership with Simply Business:
Monefi’s partnership with Simply Business offers you tailored quotes from their panel of leading business insurance providers like AXA, Churchill and Hiscox.
It offers a range of business insurance solutions, including
1. Public and product liability Insurance
2. Professional Indemnity Insurance
3. Employers Liability Insurance.
Help simplify the complex world of insurance; seek clarity and confidence in your choices today!
Why do I need Wedding Insurance?
Legal Requirement
Business insurance can be legally mandated. For example, employers' liability insurance is compulsory for the safety of your employees. Failing to comply with these requirements can lead to hefty fines or even legal action.
Risk Mitigation
Running a business involves various risks, like accidents, unexpected events, etc. Business insurance acts as a safety net, covering the costs associated with these risks and preventing financial loss.
Asset Protection
Business equipment, inventory, or property, are valuable. Business insurance safeguards and ensures that your hard-earned capital is not lost in unforeseen circumstances.
Business Continuity
In the event of a claim, business insurance helps you maintain operations and recover quickly. It provides financial support to keep your business running smoothly.
What does it cover?
Cancellation / rearrangement cover
Different insurance types come with varied pricing. It’s crucial to weigh your options to find what suits your business best.
Trouble with the venue
Your industry or profession has unique risks, impacting the insurance cost. Tailored insurance is key.
The weather
Larger businesses with more employees or higher annual turnovers generally face higher insurance costs.
Wedding rings
Comprehensive coverage across multiple policies will reflect in your premiums, but it’s worth the investment for the right protection.
Your photos
A track record of frequent insurance claims or past legal issues can increase your insurance costs.
Personal and public liability
Opting to pay more towards any claims can lead to lower premiums, offering a potential saving strategy for your business insurance.
Making Informed Decisions:
Understanding these factors will help you make an informed choice about your business insurance.
It’s not just about the cost—it’s about securing your business’s future with the right level of protection.
What doesn't it cover?
Your business is unique, and so are its insurance needs. Through our collaboration with Simply Business, we at Monefi offer a wide array of business insurance products. Each type is designed to protect specific aspects of your enterprise. Here’s a look at your options:
Pre-existing medical conditions
Safeguard against legal disputes with coverage up to £1,000 per claim. Gain access to vital legal and tax support services.
Acts of terrorism or war
Essential protection to help your business recover from trading interruptions due to events like fires or floods.
Extreme weather conditions
Comprehensive coverage for you and your employees against accidents, including benefits for bodily injury, death, and access to health support services.
Damage to DIY marquee or venue
Protect your commercial properties against structural damage from hazards like fire, flood, or vandalism.
Weddings held outside the UK
This covers equipment, decor, or alterations at your business premises, including any equipment used in a home office setup.
What policy add-ons are available?
Marquees
Simply click on “Get a quote” and answer some questions about you, your business and the cover you need.
Ceremonial swords
Monefi’s partner, Simply Business, obtains quotes from a range of leading UK-based insurers based on your individual needs.
Public liability
Within minutes, you’ve got your personalised quotes. You can then buy online with ease and get covered the same day.
How much does Wedding Insurance cost?
Choosing the right business insurance isn’t just about finding the cheapest option; it’s about securing value-driven cover that genuinely protects your business. With our partner Simply Business, we’re here to guide you to insurance that offers substantial protection at a reasonable cost.
Affordability in focus:
The average yearly cost for public liability insurance, as reported by Simply Business, was a mere £97.06 in 2023. This figure highlights how even the most modest of businesses can afford essential coverage.
What do I need to get a wedding insurance quote?
Yes, in the UK, business insurance can be a legal requirement, depending on your circumstances. The most common is employers’ liability insurance. If you employ one or more people, it’s mandatory by law. Other types of insurance, such as professional indemnity insurance, may also be required for specific professions, especially service-based. Some clients may make this insurance a contractual obligation, or your industry regulator might consider it necessary.
Tips for cheaper wedding insurance?
When securing a commercial mortgage, it’s essential to be aware of associated fees:
Limit the cost of your wedding
This fee covers the loan’s arrangement. Typically ranging from 0.75% to 2% of the loan amount, it can often be added to your mortgage. Keep in mind that adding it to your mortgage means you’ll pay interest on this amount throughout the mortgage term. Speak to our mortgage expert before you opt in to avoid overpaying.
Think carefully about add-ons
This fee covers the cost of a property valuation by an appraiser appointed by the lender. Valuation fees for commercial properties are often higher than those for residential properties. This is because the valuation expert considers factors such as rental yield and marketability.
Stay local
Legal fees can vary widely based on your choice of solicitor, costs usually begin at a few hundred pounds.
Consider the cover amount
Legal fees can vary widely based on your choice of solicitor, costs usually begin at a few hundred pounds.
Choose Monefi to compare policies
Legal fees can vary widely based on your choice of solicitor, costs usually begin at a few hundred pounds.
Latest news:
Employers’ liability cover is a legal requirement for most businesses with staff, public liability insurance is important if you’re in contact with members of the public, and professional indemnity insurance can be useful if your business offers advice.
If you are self-employed and work entirely on your own, you won’t need employers’ liability insurance. However, it is important to remember that you may need other types of insurance cover, such as public liability, product liability or professional indemnity insurance.
You may need business insurance if you work from home, but what kind of insurance you need will be determined by your particular business. If you welcome clients onto your premises, then you should consider public liability insurance, in case a client suffers an injury while visiting you.
Even if your business operates online – it’s just as real as a bricks and mortar establishment. You can protect it against risk, injury and the damage of possible compensation claims. That’s where our insurance providers come in.
You can still get business insurance before you start trading regardless of the business structure you choose. Your insurer won’t need your company registration number, but will need your business name, type and address.
It is typically based on the size and type of your business, the type of industry as well as the size of the potential coverage amount you might want.
Yes, Business insurance can cover you against things like professional mistakes, accidents, theft, damage and legal fees.
