**Coverage Territory: Limited Worldwide - Anywhere in the world with the exception of any country or jurisdiction which is subject to trade or other economic sanction or embargo by the governments of Canada, the United Kingdom or the United States of America.
Full coverage for Earthquake & Flood
$10,000 Office Contents Coverage - office furniture, fixtures, photocopiers, office supplies, including tenant improvements done to the office space. This would be for a home office/studio or small rented office/studio space. Please contact us if higher limits are needed.
$10,000 Rental Reimbursement - If any Musical Instruments or Equipment that is insured is lost or damaged by a covered cause of loss, the insurer will reimburse you for the reasonable rental expense you incur to rent substitute property necessary to continue your operations while the insured gear is being repaired or in the process of being replaced.
$5,000 Computer Hardware/software/extra expense coverage - pays to help maintain normal operations following direct physical loss or damage to covered property at an insured location by a covered cause of loss. Pays extra expenses that are over and above your normal operating costs and that are directly related to your covered loss.
$10,000 up to 30-days: newly acquired Instruments/ equipment - automatic coverage for equipment that is newly purchased or acquired atomically, even if those items have not yet been added to the policy.
$10,000 up to 30-days: Borrowed Instruments/Equipment - provides coverage for instruments/equipment that are borrowed or non-owned while being used as a replacement for insured gear that is damages or stolen
$5,000. Valuable Papers - reimburses the cost to replace or reproduce valuable documents such as trusts or business records, corporate agreements, contracts and charters in the event of a covered loss.
$5,000 Accounts Receivable - covers the loss of revenue owed to the insured musician by their customers that they cannot collect because of damage to their business records in the event of a covered loss.
Built-in Inflation Guard on Instruments & Equipment - if the value of an insured equipment or instrument increases in value from the time it is first reported, the insured values will automatically increase accordingly.
$5,000 Business Income / Extra Expense Coverage - covers the additional expenses incurred due to a covered loss, including the loss of business income.
An example of this coverage would be: An artist is a music teacher and their instruments and teaching facility were damaged in a fire. This would cover their cost to rent a temporary location for teaching; and cover lost revenue during the period they were down and could not teach.