Buy insurance when it is not required - is rightly stated. Musicians carry a lot of risk on their shoulders as the musical instrument is precious asset to them. It has to be as it is only primary tool to earn their living and also the investment done to buy it is also worth a lot. As we all know that insurance cover is a very priceless possession that all of us tend to have it. Buying a new instrument would surely be out of budget if you have to use it on regular basis; being a professional user. The insurance companies provide complete information about varied packages which every one of us needs it from time to time.
Bands & orchestras posses’ instrument from primary to complex and heavy instruments and they obviously need it as these equipments are their living stone. Bands usually travel for shows where in they sign in the contract before hand as there are number of risks involved while they perform outdoors. A sudden change in the weather such as flood, earthquake, breakage, etc. can even be the reason to postpone or cancel the event. So, then you can’t blame anyone for event loss that has incurred as major part would be beard by event organizer and also music band which was going to perform in it. Although the stage is well decorated and built, who said that it can’t break while the performance is on. Special event insurance policy saves you from thousands of money gong in drains and also efforts. This is of course an additional clause which needs to be added while you opt for insurance certificate from the insurer. It is usually the money which is paid back to the venue holder or show/event organizer after proper investigation held by the company agent.
The insurance companies who specialize in catering to music industry offer:
3 .DJ Insurance
4. Third Party Insurance
5. Oboe Insurance
6. Piano Insurance
7. Retailer Insurance
8. Travel Insurance
Your instrument can be saved from:
1. Damage (due to event liability or natural calamity)
2. Theft
3. Travel
4. Third Party Insurance
There are leading insurance brokers who work specially on offering competitive insurance policies for major types of instruments so that the owners can relaxingly use their instruments. They cover your instruments not only outside the state/country but to other places as well where the music artists carry them for their performance. Retailers opt for retailer insurance as they too have lot of musical equipments which requires proper storage of all equipments
Organizers and venue promoters all over the city plan weddings, shows, concerts etc. and they have rented venues for helding these shows. Also they call for music artists and if during the event, if their assets are damaged or lost, insurance policy comes to rescue at doorstep! Their high standards of service helps you to retain the original value for money or get it repaired/replaced and thus your valuable asset is back with you. They offer it comprehensively through which you can recover financially from the losses that you’ve incurred.