Musicians Coverage - Types of Coverage You Need As a Musician

If we were to ask any musician how much they would take to part with their favorite instrument, the answer would surely be in negative. Though music instruments are priceless to the musicians, it is important to price them and get them insured to safeguard against monetary loss arising out of theft, misplacement or damage to the instrument. Today we see a number of insurance companies dedicated to the music industry offering tailored insurance plans. These plans take into account all kinds of risk and trends in valuation unique to the music industry. But insuring your instrument alone won’t offer you complete coverage. Here in this short write-up we take a look at the types of insurance coverage that you need as a musician.

•    Instrument Insurance – This is among the most popular types of insurances that you would be looking for. Music insurance companies usually have dedicated plans for different types of musical instruments. For instance if you are buying viola insurance a normal plan would cover the instrument and protect it against different causes of loss, damage/breakage, theft, fire, and others such as natural disasters. Here again the needs of an amateur and a professional may be different and the insurance plan would cover them accordingly. The instrument insurance plan should take into account the value of the instrument based on its rarity and condition as this is important for you as a musician.

•    Event Liability – There is nothing more tragic for a musician to see people get injured during his/her program and have to face series of liability cases. If you regularly set out for performances during stage shows, consumer shows, fundraisers, dances, luncheons, parties, weddings, concerts or any other type of event this is a must for you. What this does is protects you against all kinds of third-party claims related to bodily injuries and other damages that may happen during your performance. In fact this coverage has become a must when you book a venue for your performance in many cases as it protects against everything from accidents to hooliganism.

•    Studio/School Insurance – Today it is common for many musicians to start their own music school and impart lessons to music enthusiast. Also there is a growing trend to set up a small recording or mixing studio at home that allows them to experiment with their music and improve upon their popularity among their fans. If you offer music lessons or have expensive equipment at home other than your instruments you must get them insured.

You need to find a company that offers you these types of insurance plans. They need to have a strong name among amateur and professional musicians and it shouldn’t be difficult for you to verify their credentials as you can ask for references from your fellow musicians before zeroing on a company that offers you the kind of insurance plans that you are looking for. Do your research carefully and this will not only protect your instruments but will give you the peace of mind that you need as a creative artist.

All That You Must Know About Importance of Guitar Insurance

There is nothing more painful for a guitarist to know that his/her guitar has been stolen or damaged. When it’s a highly valuable or a rare piece of instrument, the pain and the grief magnifies as such instruments aren’t easy to replace. We have time and again heard stories of guitars being stolen from a tour van or being damaged due to the negligence of an irresponsible baggage handler at the airport. Such stories aren’t rare but more of a norm in the music industry and there is little that you can do about such incidents. Guitar insurance can however offer you some solace at the time of pain and ensure you don’t suffer financial losses though there is little that can be done about the emotional loss.

Get It Valued
   
The appraisal of a guitar or other musical instrument doesn’t follow the same rule that is applied for appraising a vehicle. The appraisal process is complex where a number of things such as the age of the instrument and its rarity are considered important values. So before you buy an insurance to protect your guitar you need to get it valued by a professional who has expertise in this trade. Get the appraisal on paper and preserve it carefully. This will help you get insurance for the instrument’s actual value and not for its depreciative value. Since market forces also affect the value of the instrument, do not forget to get it appraised every 3-4 years or even earlier for correct valuation.

Find Right Insurer
   
As a musician you can rejoice the fact that there are a number of insurers that offer insurance plans dedicated to the needs of musicians and the music industry. The emergence of such specialized insurers has changed the scene completely for musicians who earlier found it extremely difficult to get a policy that was tailored to their needs. Here you need to take note of the types of insurance coverage that the company offers. For instance along with guitar insurance you may also like buy studio coverage that protects your studio and its equipment against all kinds of thefts and damages. In case you have some special needs you should browse through their website or get in touch with their agents for a tailored plan.

Types of Insurance for Guitar
   
Music created by different kinds of guitars are different and so are their insurance packages. Whether you want to insure your electric guitar, acoustic guitar or orchestral instrument you would find a plan suited to your needs. Music insurance companies also offer you tailored plans that cover a variety of gear. While purchasing insurance, you need to let your insurer know the amount of travel you undertake, the type of shows you play and the way your travel. All these factors helps them to analyze the risk associated with the instrument and suggest you an adequate plan for your needs.

These things kept in mind will help you buy the right insurance for your needs and protect you valued musical instrument.

Think About Fiddle Insurance Before Leaving For Concert

Most of the musicians are getting aware of the benefits of insurance; but there are occasions, these musicians are exposed to some sort of tricky situations without being aware of it. Being a part of the music fraternity, unless they take the necessary required steps against the protection of themselves as well as of their investments they are on the verge of facing the risk if rather something takes place during the moment.

Insurance vendors who have considerable experience in this fraternity, have an ability to meet an entire range of ifs and buts that do exist with the day to day professional life of the musicians and other experts who have spread their wings in this evergreen industry. There are occasions when unthinkable consequences do happen; and imagine the situation of young musician when someone falls on his/her instrument. In case, the instrument is not secured under a right kind of insurance plan and gets damaged or lost, can leave behind a huge financial and emotional setback to the owner of the instrument.

For the majority of the musicians, their musical tools along with accessories are the most precious and priceless assets they own. After all, these priceless possessions are their primary tools that help in earning a living. If these instruments are either stolen or destroyed due to any of the reasons and, can leave behind drastic situations for these veterans. They can be out of work for some time and at times out of luck too. So, as a drummer, always take a wise step and make sure to cover it under Drum Insurance as soon as you acquire the one for yourself.

Once out for the performance in a live show, these musical tools are prone to peculiar and inconceivable risks. While performing if a rowdy fan that is eager to shake his hands with you, can bump into your instrument; and these gadgets being delicate get damaged. Hush!!! What will happen now, as you have only one instrument and that too broken; as a result you are out from your passion up to the time your instrument is not replaced or repaired. Even, there are occasions when you have to spend a good amount of money for repair; and here, if the instrument is insured, it is a job of the vendor to take care of all necessary steps.

The Insurance sector has undergone a terrific expansion in recent years; and the awareness among the musicians for covering their assets has also been increased. This is the reason; you can find attractive and interesting plans under their charter. These plans and policies can be altered as per requirement of the musicians and their ensembles. Whether you are acquiring Fiddle Insurance, or insurance for any other plan, make sure to check the credibility of the insurance provider.

Internet gives you an opportunity to go through the insurance vendors in your neighborhood; and the best part is that established vendors can be contacted round the clock through their websites.

Concert Insurance Factors That Should Be Taken Care Of

After a long struggling phase, you are about to perform in one of the biggest shows of your life; and this can be noticed from the glowing face of yours. But, in the back of your mind some negative thoughts might be floating around, what will happen if the musical show in which you are going to perform is being postponed or cancelled? The mere thought of the consequences of such actions can shiver you up to bottom. After all it is a question about your career, and if it is a source of your bread and butter, things become more delicate for you. However, if you have acquired Concert Insurance, things will be not as pathetic as you think so.

Being in music and entertainment fraternity from a considerable period of time, you might be well aware that the career of a performer is full of thrill, glamour and excitement; and the one who are ahead of their competitors have a huge fan following, who are ready to do anything for the musical diva. But, with all these fun and frolics, these musicians have series of botherations which they have to face in day to day life. The Safety of their instruments from a variety of factors is one of such factors that keep these musicians on their toes round the clock.

The biggest concern for the musicians while performing on the stage is about the loss of property or the physical injury taken place to the spectator. Where on the one end, the safety of their precious instrument is at stake, on the other hand ,they are worried about the consequences of the outcome due to the physically injury. They are well aware that they can be dragged on the doors of law to compensate for the losses occurred and medical bills regarding the physical injury.

For musicians of all levels and type, their musical instruments are the biggest asset of their life, as these musical gears are the modes of identity. In case, these gadgets are misplaced or damaged while you are carrying them at the venue of performance can leave you shattered. For a Piccolo player, if his or her instrument is misplaced just before the performance can leave you nowhere, as you cannot make arrangements of another piece in a short span of time. Whereas, you leave an opportunity to perform and make your name in the fraternity, on the other side you have to face the financial loss due to the misplacement or the damage of the instrument; thus as a musician you have to face a double blow.

This is the reason veterans of the industry suggest to acquire a Piccolo Insurance; so that you are free from all such consequences and only pay attention in sharpening your skills. With a period of time, more and more vendors are showing their presence in the fraternity with a broad range of plans and policies for music professionals of all levels. These can be altered as per demand of these professionals.

Ask The Insurance Vendor To Design Your Music Instructors Insurance

Have you ever imagined what will happen if your oboe gets breaks down while you are taking a music session in one of the leading music academies? If any musician is willing to secure his or her musical gear, it will be precisely suggested to buy a correct insurance plan. Having a coverage plan will not only save the equipment, but consequently will also secure the owner’s profession with entrust. There are only a few of the music teachers or instructors who take adequate care of their musical assets along with their occupation in first place.

Basically, Music Teacher Insurance rescues the music instructor from third party liability, a major concern for the tutor fraternity. It includes loss due to breakage, theft or any other consequences that can generate harm to your musical device.

Are you thinking that acquiring such plans may turn to be quite expensive? Here, is when your perceptions and notifications are quite wrong. Being adequately geared up in your profession is the clue to success. Visualize the situation you will face when your only instrument gets smashed and dented, in the middle of the coaching session? You never know when any sort of legal petition enters your happy business that is running in the backyards of your premises. Experienced and veterans of the industry, always advise the amateur music learners as well as the instructors to equip their musical assets with the right kind of coverage.

There are situations when all the policies cover the vital and paramount liabilities faced by these music professionals; so take a deep look while acquiring it. There are a multitude of insurance vendors in the market, who are lending their services to the music industry, that includes solo performers, music bands, associations, orchestras, music instructors; and it is through their expertise they are tailoring policies for these audiences.

In case you are a music instructor if you are running music classes from home, this insurance plan can save you from the accessible risks that can hamper your teaching career. As a learner of oboe, if you are carrying your instrument to the music institute, it can be dented or damaged on your way to the class. On the other hand, if some veteran is impressed with your instrument playing skills, as a result invites you to join the performance in a concert; and indeed this is career breaking opportunity for you. But, while in the live performance, you are anxious about the possible damages that your instrument can encounter.

After all, you have invested your entire savings in acquiring this delicate instrument for yourself; and in case it is damaged, lost, or misplaced will be indeed a big financial and sentimental loss to you. Here, if you have Oboe Insurance on your side, there is nothing to worry about. It is the responsibility of insurance vendors to take care of your losses that are occurred from the loss of the instrument.  Vendors with years of experience have expertise in crafting policies for the musicians of all genres.

Flute Insurance: Protecting the Musical Gear against All Sporadic Events

Most of the insurance vendors understand the specific requirements of the music fraternity in general and musicians in particular. Through this expertise, insurance vendors make sure to cater plans according to the specific needs of musicians of all types.

Recently, it had been noticed that one of the great maestro having a proficiency in playing the oboe, had to lose his hands over his classy and highly prized musical instrument while he was coming back attending a concert overseas. The day such an incident took place, proved to be an eye opener for this music veteran, as he made sure to safeguard his line of work, as well as his instrument with a well contrived insurance coverage. Whether you are playing flute or oboe or even trumpet or piano and clarinet, your musical gear means a lot to you! You will find lots of musicians even if they are amateur who love and preserve their musical assets as they do for their heart and soul.

Flute Insurance is quite common among music fraternity as well as insurance sector; as the music professionals who learn flute travel a lot. Bands and ensembles besides solo performers too travel from one city to another in order to display their talent to music lovers. Here, most of us are mistaken that insuring ourselves is one of the most essential things, rather than securing the musical assets under our possession. Even though, some of the veterans of the music fraternity have safeguarded their musical assets and gears; but the majority of the professionals having their presence in this bubbly and evergreen industry nor are serious about securing their assets, and even there are few who do not have adequate awareness or importance of securing the musical objects.

It has been observed, that these musicians and other professionals as dealers, retailers and appraisers are not even aware of the presence of insurance vendors in their living town and even in their neighborhood. Guitar Insurance encases you from the losses occurred due to theft or accidental damage. If your guitar is having heritage or vintage value, then it is quite imperative to have security coverage of the instrument. Additionally, as a guitarist if you are known figure due to your playing skills, you might be a regular face in rock shows, live shows and even music concerts. If this is the case, you might have to travel a lot; and thus you carry more risks against theft, misplacement or even damage.

No doubt, musicians are always worried in the back of their mind about the safety and security of their musical belongings, and at times it affects their performance. With insurance by your side, you are mentally free from such consequences; thus you are able to concentrate on your performance. For overcoming inescapable situations, you have to spare bare minimum sum from your earnings that you receive through your music instrument. You can take help of the specialist insurance vendor who solely work for music fraternity; as they are the perfect source to guide you for the type and level of insurance policy that you should acquire. A vendor who has years of experience is always willing to retain the customer, hence they make sure to design all inclusive policies for the musicians keeping the level of their presence.

Concert Insurance Protects You When Things Don't Work According To Plan

When King of Pop Michael Jackson passed away days before he was to make a comeback on the stage in London, the event organizers suffered a huge blow. Apart from returning millions of dollars to people who had bought tickets, they also needed to deal with a number of lawsuits.  It was a big wakeup call for the music and event management industry that often tends to take things for granted. If there has to be a Case Study for the importance of Concert Insurance, this surely has to be one. As a musician or an event organizer you may not be as famed as MJ or work with artists of this stature but concert insurance is a must for everyone in the industry.

You Need To Plan For The Worst
   
As someone who plays at concerts or organizes them you always wish for the best weather, best crowds and everything else related to the event to fall into place. But it’s just a ‘wish’ and on many occasions things may not go according to the plan and this is where you need to plan for the worst case scenario. The weather may play spoilsport, the artists may not be able to make it to the venue due to some unavoidable circumstance or a fight may break up between two groups of fans.

Irrespective of what the situation is, you always need to be prepared and avoid being involved in legal issues regarding any mishap or injury happening during the event. This can not only spoil your name but can put you into unnecessary stress. Concert insurance will also cover the medical expanses of people who have suffered injury during the event.

Event Liability Insurance Protects Your Interests
    
Like music concerts if you are organizing any other personal or commercial event, it would be wise to get it insured using Event Liability Insurance. This type of insurance protects you against any kind of mishaps or other incidents and accidents that may occur during the event. There are a number of things that can go wrong in an event and lead to bodily injury for your guests and others attending the event. With event liability insurance you would be protected against third-party claims. It may also be mentioned that many venues put Event Liability Insurance as a pre-condition to let you host the event in their premises.

With more and more people wanting coverage during their events, insurance companies have come up with a number of types of insurance that take care of a number of events apart from your regular concerts. These include insurance for fairs and festivals, consumer shows, fundraisers, dances, meetings, luncheons, parties, weddings, concerts and more.

Before you buy a Concert Insurance or one that protects you during any other event, you must carry out some bit of research on the insurance company. Check out their ratings and also read the details of the plan especially the coverage area to make sure what you think to be important is covered in the plan.