While event insurance has become very common, artists are often not adequately insured – if they are even insured at all. But being insured sufficiently is very important, especially for artists. Artists’ careers rely very heavily upon their physical and mental condition, which makes them particularly vulnerable.
No Risk provides the coverage that artists need in order to carry out their job risk-free and without worries.
There are many things that can make it impossible for an artist to perform: his plane could be delayed, he could fall ill, break his leg or start suffering from damaged vocal cords.
When an artist is unable to perform, he misses out on revenue that he had counted on. Illness or an accident can even ruin an artists career completely.
No Risk’s bookings insurance policy secures an artist’s earnings when he is forced to cancel his performance(s) due to circumstances beyond his control. When an artist needs to back out of one or several performances, the money he would have earned will be paid out by the insurance company, provided that the bookings were confirmed.
( – The income of the management and the booking agency can be insured as well.
– Cancellation coverage can be added (although it is usually the promotor who has to cover this risk). )
When an artist causes injury to others or damage to others’ property, he can be held accountable for that. Our liability insurance policy covers the financial consequences of potential claims. Coverage is valid all over the world, including in the US and Canada. The policy will always be adapted to local legislation.
( – Sometimes promoters ask for a COI (Certificate of Insurance). No Risk can procure one within 24 hours. )