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Wednesday, 24 February 2021

Music Insurance Company - Learn How They Protect Your Finances

 If you think that spending on a dedicated musical instrument insurance plan is not utterly important, you have come to the right page. Read on!

Some Scenarios to Consider

Picture the given scenarios and assess what could happen if these really happen!

Scenario 1: You went to a student's home to give him/her piano lessons. Accidentally, you broke an expensive piece of art there. Be ready to pay the bills.

Scenario 2: An amplifier tumbled off the performing area. It hurt an attendee, Again, you are held responsible and you know the consequences. Reimbursing for the attendee’s medical bills.

Scenario 3: Someone from the audience at a rock concert tripped over cables and got injured. A compensation claim was issued in the favor of that attendee and you are the one left with his medical bills.

Scenario 4: A patron came to see your collection of musical instruments at your store. Hardly did he know that a guitar will fall on his head while leaving an injury. The frustrated customer filed a lawsuit against you for negligence. What else you could do other than paying the legal fee along with the medical bills.

Although hypothetical, these situations can arise for real and are pretty common with musicians. And, when these happen, your financial stability is likely to become the biggest victim. So, how would you go about it, if something like this happens to you?

Home insurance? Oh! Just keep it out of your mind. To fight such scenarios well without having your bank balance at stake, you need dedicated musical instrument insurance. So, rush to a noted Music Insurance Company and get the right cover.

What are the types of protection plan you can avail?

When it comes to the world of music, there are so many components involved. So, whenever you think of getting an insurance plan, you should think from a comprehensive perspective. Some of the most common coverage options you can find with a reliable music insurance service provider include the following:

Music Recording Studio Insurance

You have spent a fortune on making your dream come true in the form of your recording studio. So why put it in jeopardy? With adequate music recording studio insurance, you can ensure that your studio and your finances are safe from the possible dangers.


Music Shop Insurance

When you own a musical instrument store, you are always surrounded by a lot of risks, including theft, robbery, accidental damage to the products, public liability, to mention a few. These issues can land you in both financial and emotional rough water. However, when you have the right insurance and the right Music Insurance Company by your side, you are safe and secure.

Music Teacher Insurance

As a teacher, you have got a lot of responsibilities, including making sure that your students and their musical instruments are safe at your facility. However, you never know with kids. What if someone gets injured due to a toppled rug at your facility? What if his/her parents ask you for reimbursing their kid's medical bills? You can do nothing, but compensate out of pocket. However, with a dedicated insurance policy in place, your insurance company will do all the needful.

Apart from these, there are a number of benefits of having a comprehensive insurance policy. So, find the right insurance partner and say goodbye to all your worries.

How to Assess the Reliability of a Music Insurance Service Provider?

A good music insurance firm is always upfront about the pricing and privacy policy. A reliable company has got all the crucial documentation handy. It includes licenses, memberships, registrations, accreditation, and certifications.

Wednesday, 17 February 2021

Piano Insurance - The Document Every Pianist Needs

Keyboards and pianos present a very unique range of notes and sounds, right from soft melodies to loud fortissimo, that can elicit waves of emotions inside a person. If you are a pianist, you know how you could not live a day without running your fingers over the reeds. Isn't it?

However, what if someday, due to an unforeseen situation, you actually cannot play your piano? What if it is damaged or stolen that too while not having any protection plan covering it? And what if all this mess happens abroad? Have you ever thought about the consequences of such a calamitous situation?

A dedicated insurance is a must!

Always remember! No matter how much you have spent on your home insurance that covers your home and belongings, without proper Piano Insurance, your gears are not protected against damage, loss, and damage. So, if any accident happens, the expenses would be all out of pocket. And, unfortunately, if something happens while you are in a foreign country for your concert, then the outcomes could rip your savings apart like really bad.

Due to all these reasons, musical instrument insurance is crucial for every musician. So, find your specialist insurance plan and safeguard your passion!

What kind of piano insurance is available in the market?

As there are different types of keyboards and pianos available in the market, with a reputed insurance company you are likely to get coverage for all types, including acoustic piano, organ, keyboard, and synthesizer, among others. And, if you are confused if or not your insurance provider offers the same, talk to their consultant for assistance.


Are you aware of the detrimental effects of public liability?

Public liability is intricate to the life of a musician, especially if you perform live. Most importantly, a majority of the gig spaces and auditoriums do not allow you to play if you do not have public liability cover because of obvious reasons. So, what is public liability all about? This insurance plan covers you if you injure someone or damage someone's or venue's property while performing.

In case you do not have this cover, and if a third-party files a lawsuit against you or asks you to pay for his/her medical bills, then you have to pay for all the expenses on your own. However, with this cover in place, you would not have to shell out any money out of pocket. Don't you think that it's a great sigh of relief for you?

What is performance cover? Do you need it at all?

Picture this - while performing at a concert hall, you suffered an accident that left you with a bad injury. As a result of which, you were not able to play which eventually means loss of income for a considerable period of time. Right? The performance cover protects your income and provides you with financial assistance in case you are not able to perform after an accident.

What do you mean by equipment hire cover?

If your piano is damaged before a concert, then it is quite obvious that you will need a replacement instrument in order to continue playing. The equipment hire cover will reimburse you for the alternative musical instrument. Isn't it great?

So these are some of the most common information about Piano Insurance and how it protects you in the time of need pertaining to your musical instrument. Hopefully, these will help you find the right protection plan for your piano. Moreover, you should also choose a musical instrument service provider carefully to get proper and on-time assistance. Be an informed buyer and make the right purchase.

Wednesday, 10 February 2021

Buy Insurance to Secure Woodwinds Instrument

The woodwind family is a huge one. Right from the highest to the lowest sounding musical instruments, there are many gears on the list. Can you name the family members? Well, of course, you can. However, there could be many beginners into the world of music who might not know. For them, here goes the answer. The woodwind musical instrument family comprises - flute, piccolo, oboe, clarinet, English horn, bass clarinet, e-flat clarinet, contrabassoon, and bassoon.

Who needs a musical instrument insurance policy?

So, whether you own and play only one of the woodwinds or many of them, whether you have just begun your training or you are a concert rocker, one thing you need to make sure of is - protection of your musical instrument(s). And, what else other than Woodwinds Insurance can help you in this regard?

Home insurance is for your home! Understand!

Always remember! Your home insurance will not cover your musical instrument to the extent you want. So, just like you have separate insurance for your car, health, and home, get a dedicated insurance policy for your woodwind instrument. 


One policy, a plethora of benefits!

Now, let us talk about the benefits of having a dedicated insurance plan for your woodwind gears.

Do you travel with your beloved woodwind at all?

If yes, then a standalone musical instrument policy could provide you with the best possible benefits and ultimate peace of mind so that you can perform without any worries. Also, like many string instruments, woodwinds are delicate and require extra care. And, all of these could be a challenging task, especially when you are traveling. Therefore, leave all your worries behind and buy a woodwind instrument insurance plan right away.

Does the very thought of damage or theft of your gear terrify you?

If yes, then a woodwind policy will bring a smile to your face. Most Woodwind Insurance policies with a reputable insurance partner provide coverage against accidental damage and theft. The designers of instrument-specific insurance policies know that even a small accident related to your gear can leave you devastated. Therefore, such policies are designed with your love for music and your musical instruments in mind.

Does a musical instrument plan cover accessories?

As a musical instrument player, you know how important every piece of accessory is, right? And when it comes to accessories, it includes a whole of things, right from cases to reeds to stands to mic to sheet music, and many more. What about all of these? Will a musical instrument insurance plan cover them? Much to your relief, yes! A dedicated music gear insurance plan also covers the accessories.

Are you worried about cases of public liability?

Whether you have been in it or have heard about it, your concern related to public liability is quite natural. And, you should be prepared to face it no matter what, because accidents happen without warning. If you are a musician by profession, public liability cover is especially important for you. First of all, many venues are most likely to ask for it in order to allow you to perform. And, secondly, if you get involved in a mishap where someone else is injured or their property is damaged with you at fault, it is you who has to face the financial consequences, such as legal fees and medical bills. However, with the right insurance in place, you are safe, both financially and mentally.

Hopefully, all this information would be enough to help you understand that Woodwinds Insurance is a must-have requirement for all musicians, musical instrument owners, music teachers, musical instruments dealers, and collectors!

Wednesday, 3 February 2021

Music Dealer Insurance - Important Coverage Options to Consider

A music instrument dealer can have a small or a large shop. A musical instrument shop can showcase only one type of gear or multiple types of instruments and related accessories, including sheet music, music CDs, cases, mics, among others. Moreover, a music store can also provide other services and conduct events, classes, recitals, design and repair workshops, and exhibitions.

If you are also a music instrument dealer, it is quite understandable that you have put in a lot of hard work, money, and dedication to build this business. However, in the midst of the hustle and bustle of setting up your business, you might overlook an important aspect related to the same. It is a dedicated Music Dealer Insurance plan.

Always remember, having an insurance plan in place is more like doing a favor for yourself and your dream shop. It not only provides you with mental peace and satisfaction but also guards your property against a lot of unexpected events.

Let's dive into what all you need to take into account when it comes to choosing a music store protection plan that will have your back at the time of need:

Types of insurance cover a music dealer may need

A music dealer should consider the following protection plans:


Have you protected yourself against legal liabilities?

Legal liabilities are kind of integral to every business, big or small. Sometimes, it can be an accident. While other times, your employees or customers may file lawsuits following an event of bad luck. Either way, when you own a business, you should be ready to face legal liability. And therefore, you need to be prepared with your arms, in this case, an insurance plan.

Keep your inventory safe

Apart from your dealership facility, your inventory makes your biggest asset as far as your business is concerned. Right? The reason - probably, you have invested a great deal of money in getting your store where it is standing now. Therefore, you should cover your inventory against all the possible losses and damages for sure. However, before finalizing a plan, make sure to go through the terms and conditions and understand the price quotation well to ensure complete coverage. Your insurer will also help you understand the technical terms in simple words.

Insure your income

Many music shop dealers do not have an idea that they can protect their income with a suitable Music Dealer Insurance plan if a loss or damage interrupts your business and livelihood. For example - if you need to rebuild your store following a catastrophic event, you may need to stop your operation for a certain period of time. A decent insurance plan will insure that your income is protected.

Protect your property

It is one of the fundamental things that an insurance plan will provide you with. This cover ensures that your music store is well protected against the wars of destiny. This cover with a reliable insurance provider is likely to offer all-risk coverage. So, you should make sure to get this at the earliest.

Conclusion

These are some of the most important aspects that you need to cover when it comes to your business. If you are not sure which type of insurance plan your business may need, you can get in touch with some insurance providers to understand this better. Afterward, you can compare different policies and quotes available with different insurance providers to find the best option. Do not get swayed away with what is being offered to you as a customer. Always make sure to make an informed choice and have the assurance of the best policy.