Sunday 2 October 2016

Why Selecting the Right Concert Insurance is Important?

Concerts are basically huge opportunities for the artist in terms of showcasing their talent, interacting with the audience, and most of all earning more profits. Concerts generate huge chunks of profits that other mediums don't.

Offering a platform that can help deliver the talent in the right way, and offer an experience of a lifetime to the audience is critical when organizing a concert. But, more important than that would be the concert insurance. Why insurance? Well, with every concert run, there runs the risk that comes from various other factors.

Numerous factors outside the control of the artist and the organizers can prove to be fatal to your concert. Imagine facing a stage breakdown just when you started with your concert? What could be more fatal than that for the artist? There are other factors as well- injury, disease, natural calamities that lead to cancellation of the concert, and safety concerns. When a concert gets cancelled, it is not just the performer but everyone in the society that gets disrupted, and hence it is important to obtain a concert insurance before starting out.

Let's now go into the reasons on why it is important to pick out the right concert insurance.

Are you Insured Properly?
There would be insurance plans that would readily insure you on certain parameters, and exclude the main & important things.

Imagine you are insured for the stage breakdown, but not for your travel or, being safely stationed at the event?

Now, that could lead to cancellation as well. If the artist has not reached the stage, the concert is as good as cancelled. But, not including this basic yet important parameter could hold you for losses.

Know the Liabilities Involved
When you are planning a concert, you may have planned for the risk as well. It goes without saying that you need to plan for risks as much as you plan for something that may happen right in the concert. When that is the case, you needto know if the plan covers all the liabilities that you have identified in the event. In case it doesn't, you may need to go for another plan.

The Instrument Insurance
Are all the instruments in the concert insured? Most people tend to insure their own instruments. But, as the event organizer, the insurance for instruments should be part of your deal. You should ideally look for concert insurers, who cover all aspects of the concert right from the artist to the musical instruments.

Choosing the right partner for your insurance needs is an important part of this signup

When you are choosing any type of musical insurance, let's say cello insurance or, insuring your concert, you should choose the right insurance partner. ClarionsINS offers a range of musical instruments and other insurance related to music that makes your life easy. We customize your insurance to meet your specific requirements, thus ensuring all your liabilities are covered. At Clarions, we don't provide services, we partner with you to identify the perfect match your insurance needs.

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