Whether it’s a child’s lullaby, a classic piece of pop music of the generation, music certainly plays an important role in our lives. Funny, a song can lift us, make us laugh or cry, make us get up and move or engage at the moment like no other.
Being able to create music can be learned, but the true artist already has the ability from birth – a powerful talent that stirs the emotions of anyone who listens.
Like any public entertainer or artist, however, the professional musician has some undeniable risks. Risk exposures are different due to the differences in each type of music player.
What factors determine the difference in exposure? You could say that they can be classified according to the following problems:
1. What kind of musical instrument does the musician use?
2. For what kind of audience does the musician play
3. What type of management does the musician use for performances and corporate distribution of music
To explain number one: which type of musical instrument is used:
It really depends on the type of instrument. Nobody will deny that there is a difference between a guitar and a grand piano and the exposure to injury or damage is also different. There is however a further variation and this is in reference to the value. Just as the guitar and the piano differ in costs, the same goes for the trombone, a saxophone, a violin, a harp, a violin, drums and so on. Clearly, insurance for the most expensive tool will be most involved.
The second consideration, of course, is what type of crowd the musician plays for. A special event in a large outdoor stadium hosting an event of thousands and a hundred people in a local social room obviously has different exhibitions.
Of course, even the musician who takes care of being hired and making his music produced for the public will have to commit to acquiring the right type of coverage compared to the musician who signs up with a talent agent who manages the commitments, recordings and distributions, travel arrangements together with associated commercial insurance coverage.
For those musicians who think that their homeowner’s insurance will cover them if their musical instrument is stolen, lost or damaged, it’s time to rethink it. A standard policy for homeowners only covers the amateur player. Musical instruments played by professionals need a float that guarantees coverage for transportation by car, truck, van and so on, as well as for off-site exhibitions.
Music in the ears in a different sense
It is essential that the musician speaks with an independent agency with experience in order to determine the type of coverage that fits perfectly.