Newlyweds 'should protect' honeymoon investment
26 January 2009 10:55
Newly married couples should make sure they remember to arranged travel insurance for their honeymoon, as they are spending more money on the trip than ever before.
Research carried out by esure found that newlyweds are spending more than £1,600 on their honeymoon, compared to the £600 spent on average in the 1980s.
Couples are also spending more cash while they are away, the report found, blowing £615 on food, drinks and activities, compared to just under £270 spent by 80s couples.
"With the rise in the number of people cohabiting before they get married nowadays, the honeymoon is seen as a much bigger deal, as it offers the chance to have a dream holiday before couples can truly settle down to married life," said Mike Pickard from esure.
He added that although it can be easy to forget travel insurance in the excitement of a wedding, it is vital couples make sure they are covered before setting off.
A recent study from MoneyExpert revealed that one in eight do not know what a standard travel insurance policy should cover, which could lead to rejected claims later on.