Does an Independent Instructor Require Music Instructor Insurance?

As a musician, you could be playing, creating, or teaching music. It is your passion that you want to transfer into others, and probably this is also your source of income. The debate remains should you opt for a music instructor insurance? The answer is yes, and here we will discuss the reasons for the affirmative answer.

Reasons for Insurance

• If you are the sole bread winner of your family, and you happen to meet with an accident, how do you believe you can compensate for the loss? It is possible you will not be able to teach your students in future or, there could be a loss for the period you are not performing. An insurance can help you compensate this loss

• If due to natural calamity or some other reason, you are unable to go on with your work, then you need an insurance that will take care of these losses

• If you are into teaching instruments, then you may need insurance to get your instruments covered against damage or theft while in transit or at home

• If you visit your student or, your student visits you, in case some incident happens that involves your student getting hurt, you need insurance to cover the loss

There are many such reasons that lead to the need of insurance for you as an independent music instrument.

What the Insurance Covers?

• Your property, from where you are operating as an instructor, will be covered under this insurance. In case somebody breaks into your property or, causes damage, then you are liable for insurance compensation. While the homeowners policy does cover everything majorly, it will take a custom insurance to actually look into personalizing the whole cover for you

• If you are not working solo, and have employed people in your studio in the position of an instructor, then you will need to cover them as well with a proper insurance. You will need worker’s compensation as part of the insurance you have chosen. This will help you compensate the losses a worker faces in case of accident or other calamity. In the light of tightened clauses for employee contracts, you will need to ensure your insurance covers this

• Instead of getting a separate life insurance, you can get the instructor insurance which covers your life as well. In case something happens to you, this insurance will provide for your family. It is important in these modern times

• This insurance also covers for disability and health of the instructor. These are covers that you normally don’t go for, but must consider. It is important if you want to survive in the world as a musician

• Finally, the instrument liability is also covered under this insurance, which helps you pocket fewer repair and other damage costs for the insurance

If you are an independent music teacher or run a company, this is must-have insurance for you. To get the apt music instructor insurance, get in touch with all the providers, compare quotes and finalize the provider who suits your needs.