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Why Bands Need to Invest in Musicians Coverage?

Author: Michel Jordan
by Michel Jordan
Posted: Sep 18, 2017

As a band, the responsibility of creating good music and serving engaging stuff to the audience is on your shoulders. When you are engrossed in making sure you can make up the mood for your audience with good music, you are obviously not concerned with things like buying insurance or investing in assets that are necessary for your business. So, you would need someone who can help you choose the apt insurance cover for your business.

Before choosing the provider, you need to know why you need insurance. The musician's coverage is an important piece of your band's musical journey, and you need to pay attention to every detail in question. Here, we will take you through why you need musician's coverage, before we move on to choosing the provider for your insurance.

  • Protecting your assets from getting damaged is the first reason why you need to be insured. There are several instruments and audio equipment involved when you are creating your music. You don't want these things to get damaged and become irreparable. Insurance will help you get the instrument to the right dealer, and get it repaired. The premium will even try and minimize the costs involved.
  • Bands need to travel for concerts. It is at this time that their instruments are most vulnerable. You will need to invest in insurance to make sure your instruments are protected when you are travelling. Right from safety in the cabin to the safety while travelling within the city, the insurance guarantees complete security
  • If you have been composing music for someone else, you might want to copyright this music for safety sake. The insurance will not only copyright the music but also make sure if anyone tries to copy it, you get to take the legal action. A good musicians coverage is essential to make sure you have good copyright clauses included
  • If you are performing at the concert, and a theft occurs at around the same time as your performance date, then you need a replacement for the instrument. Renting out a new instrument in a new city can be quite expensive. This is covered with the insurance. You can rent an instrument with the insurance

Choosing the right provider will help you get the right insurance for your instrument

  • Look out for someone who is more experienced and understands the nuances of the insurance industry
  • They should have worked for people who needed insurance clauses that match your requirements
  • You need to opt for someone who can easily understand your niche needs and customize the solutions effectively
  • Seek someone who will devote time to help you understand what insurance best serves your needs and why. If you don't get the necessary knowledge, don't go ahead with the insurance provider
  • Lastly if you have received good recommendations and references, you can obviously go ahead with the insurance provider. A good recommendation is worth a thousand words.
About the Author

ClarionIns is a company that offers performance insurance coverage to musicians who are performing around the world.

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Author: Michel Jordan

Michel Jordan

Member since: Jun 13, 2017
Published articles: 31

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