diff --git a/src/main/java/org/springframework/retry/support/RetryTemplate.java b/src/main/java/org/springframework/retry/support/RetryTemplate.java
index f191c9c..e4c04f0 100644
--- a/src/main/java/org/springframework/retry/support/RetryTemplate.java
+++ b/src/main/java/org/springframework/retry/support/RetryTemplate.java
@@ -244,7 +244,11 @@ public class RetryTemplate implements RetryOperations {
 
 					doOnErrorInterceptors(retryCallback, context, e);
 
-					registerThrowable(retryPolicy, state, context, e);
+					try {
+						registerThrowable(retryPolicy, state, context, e);
+					} catch (Exception ex) {
+						throw new TerminatedRetryException("Could not register throwable", ex);
+					}
 
 					if (canRetry(retryPolicy, context) && !context.isExhaustedOnly()) {
 						try {
diff --git a/src/test/java/org/springframework/retry/support/RetryTemplateTests.java b/src/test/java/org/springframework/retry/support/RetryTemplateTests.java
index 5d691b0..9ad9463 100644
--- a/src/test/java/org/springframework/retry/support/RetryTemplateTests.java
+++ b/src/test/java/org/springframework/retry/support/RetryTemplateTests.java
@@ -35,6 +35,7 @@ import org.springframework.retry.ExhaustedRetryException;
 import org.springframework.retry.RecoveryCallback;
 import org.springframework.retry.RetryCallback;
 import org.springframework.retry.RetryContext;
+import org.springframework.retry.TerminatedRetryException;
 import org.springframework.retry.backoff.BackOffContext;
 import org.springframework.retry.backoff.BackOffInterruptedException;
 import org.springframework.retry.backoff.BackOffPolicy;
@@ -246,6 +247,28 @@ public class RetryTemplateTests {
 		}
 	}
 
+	@Test
+	public void testFailedPolicy() throws Exception {
+		RetryTemplate retryTemplate = new RetryTemplate();
+		retryTemplate.setRetryPolicy(new NeverRetryPolicy() {
+			@Override
+			public void registerThrowable(RetryContext context, Throwable throwable) {
+				throw new RuntimeException("Planned");
+			}
+		});
+		try {
+			retryTemplate.execute(new RetryCallback<Object>() {
+				public Object doWithRetry(RetryContext context) throws Exception {
+					throw new RuntimeException("Realllly bad!");
+				}
+			});
+			fail("Expected Error");
+		}
+		catch (TerminatedRetryException e) {
+			assertEquals("Planned", e.getCause().getMessage());
+		}
+	}
+
 	@Test
 	public void testBackOffInterrupted() throws Exception {
 		RetryTemplate retryTemplate = new RetryTemplate();