Stag and hen dos cost Brits nearly £1,000 to attend!

• Life Insurance broker, Reassured polled 1,500 Brits to reveal the costs behind hen and stag dos
• The study reveals Brits spend nearly £1,000 on attending hen parties and stag dos.
• Over half of Brits believe these parties should be a surprise

Searches for ‘when should a stag do be’ have increased by +105% and ‘hen do outfits’ by +394%*, indicating that more people are looking at planning this kind of party. Organising a hen or stag do often lies with the bridesmaid or groomsman and so does the budgeting. To give an overview into what Brits spend on average for stag dos or hen parties and what the general perception of these traditions is, life insurance broker, Reassured has polled 1,500 people¹.

The study shows that Brits spend an average of £979 on attending hen and stag dos, although nearly half (43%) believe they are an unnecessary expense. Nonetheless, 42% still felt pressured into attending such an event.

But given the expense, they are also the most planned for with 57% funding the event themselves. With 65% expecting such a party to be a surprise, bridesmaids and groomsmen are most likely to take on the task of organising the get-together. The study shows that the majority (68%) are glad to have had a hen party or stag do.

Big city spenders: The cities that spend the most on hen and stag dos

The South East are the biggest spenders with an average cost of £1,144. Southampton (£1,311), Liverpool (£1,190) and London (£1,123) party the most. Whereas people in Cardiff may prefer a quieter night out spending an average of only £619.

Gen Z spend the most

Although the average age to get married in the UK was 35-40 years²  in 2018, people the age of 18-24 spend the most with a tremendous amount of £1,847 on average, whereas the age group of 55-64 spend over a third less (£562).

A spokesman from Reassured comments on the study: “It is interesting to see people’s general perception of these events and how much some people are willing to spend. When getting married or having children it is always wise to plan ahead. Putting life insurance into place is a cost-effective way of ensuring the financial future of loved ones and as the UK’s largest broker, we are on hand to help make sure you get the protection you need quickly and efficiently.”

To find out more about Reassured you can follow this link: https://www.reassured.co.uk/