GEMAplus

Insurances

• I am a freelancer. Do I need a professional liability insurance in addition to a personal liability insurance?

  A personal liability insurance covers damage caused privately. If someone carries out their activities as a freelancer and/or self-employed person, this no longer falls within the private sector. The same applies for sideline or secondary activities. In the event of damage, the person causing the damage without a professional liability insurance is liable with his or her own private assets.
  
  As a consequence, the GEMA insurance packages in the professional liability insurance sector always include a professional liability insurance and a personal liability insurance in order to be comprehensively covered against liability claims.

• Why is a personal liability insurance a must?

  Anyone who causes damage to persons or companies and their property through a lack of caution or carelessness must pay for it in full. This does not only affect the odd red wine stain on an expensive tablecloth, but also accidents where people are actually injured. The injured party has a legal claim for compensation against the person causing the damage. In the worst case, the party causing the damage is liable with all of its personal assets if they have no insurance protection.
  
  As a consequence, a personal liability insurance is a must: in the case of claims for damages, it not only examines the damage but also protects against unjustified claims. In the event of a legal dispute, the insurer will conduct the legal proceedings and bear the costs.

• Why should I switch to the GEMA third-party liability insurance?

  A third-party liability insurance is only sensible and useful if all professional activities exercised are included in the insurance policy / certificate. The GEMA third-party liability insurance has therefore been specifically developed for the music business and includes up to 13 of the most common professional activities of music creators free of charge, for example freelance music teacher, performing musician (worldwide cover), music producer and many more. When it comes to other insurers, you must pay a supplement for any additional activity of a music creator, or, in some cases, cannot be included in the insurance policy at all.
  
  The GEMA third-party liability insurance therefore offers a comprehensive, high-performance and cost-effective coverage and includes a personal liability insurance, free of charge (family policy including children). For further information, go to: https://www.wvs-fuer-gema-mitglieder.de/

• Which insurers are behind the packages?

  Depending on the subject matter, WvS works with the most competent insurers in each case. These insurers are also generally among the top addresses in the industry: R+V, Basler, ERGO, AIG, ARAG and Allianz.

• Which insurance solutions does GEMA offer its members?

  Based on our experience, insurances were structured for exactly those areas that are of importance to music creators. Depending on the respective needs, they can be customised to individual requirements. You can also take out a pension scheme.

  We offer the following insurance types:

  1. third-party liability insurance
  2. equipment insurance (electronics + music instruments)
  3. pecuniary loss liability insurance (a.o. protection against copyright infringements)
  4. contents insurance (also possible as an option for workspaces/studios at home)
  5. transport insurance
  6. legal expenses insurance
  7. event organiser liability insurance

  You can get more information on the insurance types from insurance brokers Wulf von Sievers with whom the packages were devised: https://www.wvs-fuer-gema-mitglieder.de/

  Furthermore, we agreed on a framework agreement for the conclusion of pension scheme policies with Allianz. With independent brokers AURES Finanz AG & Cie. KG, you can build up an attractive additional pension scheme, and all that digitally: https://aures-gema-mitgliederversorgung.inffin-portal.com

• Which advantages do I get from the GEMA insurance packages?

  Due to the fact that WvS understand the insurance-related needs of GEMA members and that they are able to negotiate and secure these needs in combination with the various renowned insurance companies, WvS can cover specific risks more cost-effectively than would be possible in “standard” insurance contracts. Insurance benefits relevant to GEMA members were negotiated exclusively by WvS and cannot otherwise be purchased on the market in this way. WvS also take care that improvements are included in ongoing insurance contracts and policies. As a consequence, existing customers benefit, too.

• What are the terms of contract and how much do the insurance packages cost?

  The contracts usually run for one year and are automatically renewed by another year if they are not cancelled. Three-year contracts are also possible upon request. Subject to a three-month notice period, the contracts can be actively cancelled by GEMA members.