SAY I DO WITH I DO INSURE – WEDDING INSURANCE FOR
THE MOST IMPORTANT DAY OF YOUR LIFE.
With almost a decade’s experience in the wedding industry, award-winning
wedding planner Zavion Kotze had witnessed first-hand the
many different aspects of a wedding that could go wrong.
From storms to dress malfunctions and wedding cake flops, Zavion had seen it all – and it got him thinking.
The capital outlay of weddings in this day and age is substantial.
If one insures everything else in one’s life, such as pets, cars, homes and even lives,
why wouldn’t one insure the most important day of your life?
WHAT COULD POSSIBLY GO WRONG?
Here are the top 10 claims on wedding insurance policies, according to a recent study carried out by insurers in the United Kingdom:
- Bankruptcy/liquidation of dress suppliers
- Bankruptcy/liquidation of caterers
- Bankruptcy/liquidation of venues
- Bankruptcy/liquidation of other wedding suppliers
- Loss of wedding photography
- Damage to bridal attire
- Adverse weather preventing guests and couple reaching the venue
- Death/injury of family member
- Death/Injury of bride or groom
- Marquee damage
IF YOU CAN’T FIND IT – MAKE IT!
After being unable to find a suitable product on the local market Zavion approached Genesis, who had acted as his insurance brokers
for a number of years, with an idea: a wedding insurance product tailor made to suit all wedding budgets,
fine-tuned with years of experience within the wedding industry.
After thorough research into which insurers would be able to the provide sufficiently high levels of expertise in this specialist risk area,
along with values aligned to their vision, Genesis and Zavion teamed up with ITOO Special Risks & Hollard Insurance Company
to create I Do Insure™
TEAMWORK MAKES THE DREAM WORK
As a future-focused business, iTOO is continuously researching new developments to deliver the very best specialist products
to its customers’ complex and growing needs.
With technical expertise in every sphere of their insurance offering and a passion for finding ways to solve any and every problem,
they believe that understanding their customers’ needs is what sets them apart.
South Africa’s largest privately-owned insurance group, Hollard has built a reputation around passion and commitment to creating
lasting, relevant partnerships.
Hollard boasts a staggering customer base of more than 6 million policyholders in 18 countries on four continents.
Established in 1994, Genesis Insurance Brokers has grown to become one of South Africa’s leading providers of bespoke personal
and business insurance solutions.
As a licensed Financial Service Provider with over 100 years of combined insurance industry expertise, Genesis offers sound advice
and quality service.
As the brains behind some of the country’s biggest weddings, and with over a decade of experience in the industry, he has witnessed
many wedding catastrophes that could otherwise have been avoided – with the correct insurance cover.
SO, HOW DOES IT WORK?
I Do Insure™ offers a range of packages designed to suit varying wedding budgets, which are payable as a once-off premium or
in monthly instalments. The Patience package is priced at 6 monthly payments of R917.67, and the Adoration package –
for weddings over R1,000,000 – is priced at R3366.66 over 6 months*.
All packages include cover in a number of areas, from wedding event cancellation and supplier failure to wedding attire and rings,
and from flowers, cakes and gifts to photography and equipment hire.
FREQUENTLY ASKED QUESTIONS
- What if my Vendors have their own Insurance?
Your wedding Insurance will not cover any losses which you are able to recover from your Vendors, however, in most cases, this is not
possible and you are the one that ends up out of pocket. Wedding Insurance for the couple provides much wider cover which your
Vendor’s policy may not cater for.
- When should I purchase Wedding Insurance?
The sooner the better. Let’s say you put a deposit on your wedding reception venue 12 months prior to your wedding date and then it burns
to the ground a few weeks before the big day. With wedding insurance, you’ll be sure to get your deposit back. It is important to remember
that this Insurance cannot be purchased less than 3 months before the wedding.
- Can I upgrade my policy at any stage?
You may upgrade your policy to a higher tier up to 3 months before the Wedding event. The difference in premium will become payable
based on the premium payment plan selected at the time of taking out the policy.
- How do I apply for a policy for my Wedding?
You can complete a simple application form online at I Do Insure’s website, or you can get in touch via telephone on 011 312 6784,
by email at email@example.com or by completing the contact request form at www.idoinsure.co.za/contact-us.