123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Insurance >> View Article

What Are The Limitations Of Insurance For Musicians?

Profile Picture
By Author: micheljordan4
Total Articles: 91
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Being a musician takes you through many undiscovered terrains of life. Some are fun and entertaining, while some are perturbing and full of ups and downs. And one of the inseparable parts of your life is your musical instrument, regardless of the family, it belongs to. Not only have you spent a lot of time and resources on curating and buying your gear, but it has been there with you since your journey as a musician. So, what plans do you have for its protection?

Sure, to buy insurance for musicians? Get it before you require it!

No matter if you are a small-time gig player, a pro, or just the one who loves music, you may consider insurance for musicians for the complete safety of your musical instruments and your peace of mind. And in case you do, make sure to get one before a stroke of misfortune blows you unprotected musical instruments, leaving you amid rough waters.

Do all musicians musician’s insurance?

Just like musical instruments, musicians are also of different types and genres. So, who should go for a music instrument insurance plan? Well, a very crucial question, indeed! If your life ...
... and livelihood depend on your musical instrument, investing in an all-encompassing insurance plan makes sense. It is imperative.

Because unfortunately, if your woodwind, string, keyboard, or any related accessory(s) goes missing, gets stolen, or damaged, your instrument-specific insurance plan will help you minimize the loss to a great extent. Whether you need to rent a replacement gear, get the damaged one repaired, or buy a new one, your insurance policy will come to your rescue.

Also, if you traveling-musician, insurance for musicians is a serious consideration for you. You cannot predict an unforeseen situation before it actually hits. What if something unwanted happens to your gear in a new country? If you have an insurance protection plan covering you, you are safe, no matter where on the Earth you are.

Do musical insurance plans have any limitations?

Like every coin has two sides, everything comes with its share of pros and cons. Musical instrument insurance plans are no different. So, yes! These do have limitations. Have a look at the given pointers to get a clear insight!

Your musical instrument insurance plan is just an addition to your bill. It stands true, especially if your gear is not much expensive or you don't play it often. The reason - in such cases, the sum of money you have invested in buying one exceeds the benefits.

Also, there are some musical instrument insurance companies that may ask you to shell out a small amount of money as a deductible if something goes wrong with your gear. So, you should never think that you might not have to pay for any repair ever.

Another downside of instrument-specific insurance plans is, no matter how much money you spent on buying your policy, it is least likely to cover the following scenarios:

● Loss or damage to your gear owing to your negligence
● Loss or damage to your gear because of your intentional attempt to break it
● Loss or damage to your gear due to poor storage
● Loss of damage to your gear due to regular wear and tear
● Also, your insurance plan will not cover you if your gear is seized by any government authority

The key takeaway

Irrespective of the minor limitations of musical instrument insurance plans, musical instrument owners should not forget about the upsides of the same that are most likely to supersede the downsides.

If you still have any confusion around insurance policies for musicians, you can get in touch with a reliable and reputed insurance company operating in your state.

Total Views: 113Word Count: 601See All articles From Author

Add Comment

Insurance Articles

1. Do You Need Travel Insurance For Saxophone Instruments?
Author: micheljordan4

2. Music Dealer Insurance: Who Needs It And Why?
Author: victor12johnson

3. The Ultimate Guide To National Debt Line Full And Final Settlement | Call : 03338803165
Author: Joey Peterson

4. How To Get More Clarinet Instrument Coverage?
Author: josephwhite176

5. Specialist Musical Instruments Insurance Plans For Orchestras
Author: micheljordan4

6. 8 Tips On How To Reduce The Premium On Your Term Insurance Plan
Author: nrilife

7. 9 Lesser-known Facts About Brass Musical Instruments
Author: victor12johnson

8. A Comprehensive Guide To Musical Instruments Insurance
Author: josephwhite176

9. How Is A Cello Insurance Plan The Best Buddy Of A Cellist?
Author: micheljordan4

10. Protect Your Recording Business With Music Studio Insurance
Author: victor12johnson

11. Know Your Oboe Instrument And Get A Suitable Insurance Plan
Author: josephwhite176

12. Some Crucial Q&a On Music Equipment Insurance
Author: micheljordan4

13. Types Of Insurance Coverage Some Piano Instruments May Need
Author: victor12johnson

14. Piccolo Insurance - Your Savior In A Piece Of Paper
Author: josephwhite176

15. Musical Instrument Insurance Coverage For Professional Musicians
Author: micheljordan4

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: