Owning or operating a business in the children’s entertainment field can be very rewarding. The opportunity to bring friends and families together to share memorable experiences is undoubtedly enjoyable, but it is important to ensure that everyone involved, from employees to guests, is kept safe and secure at all times.
Even if you have taken all the necessary precautions and follow safety regulations to the letter, there is still a chance that something could go wrong at your children’s entertainment company. Unfortunately, even a minor incident involving an injury could leave your company facing financial ruin, so you must make sure you have the right insurance in place to protect you from all manner of risk.
Types Of Children’s Entertainment Insurance
Here is a look at some of the insurance policies that a children’s entertainment company should consider.
Public Liability Insurance
A children’s entertainer public liability insurance policy offers protection against claims related to your legal liability for property damage or personal injury sustained by third parties while you are conducting your business. This type of policy typically covers any awards that are made against you as well as the cost of legally defending your claim, regardless of your responsibility.
Many children’s entertainment companies have a performance component, whether it forms the basis of your entire operation or is just one aspect of your offering. It is essential to provide these performers with the right insurance to address the many risks that various performance activities can pose.
Performer’s insurance covers claims that arise from your performance as well as your operations. This essential policy is designed to protect your financial assets if you are sued as a result of business operations. The legal costs that stem from claims such as injuries, damages and illnesses that arise from your services could be financially devastating, so having this protection in place can give you considerable peace of mind.
It is useful for a broad range of children’s entertainers, including:
- Balloon artists
- Face and body painters
Although it may sound relatively harmless, children’s entertainment can be surprisingly risky. For example, an audience member could be injured during a magician’s trick, such as by tripping over your equipment or falling down the stairs when joining you on stage. In one very high-profile case, magician David Copperfield was sued by a man who claimed he was injured while participating in one of his tricks during his Las Vegas show. Although Copperfield ultimately won the lawsuit, he racked up significant legal fees.
Clowns, meanwhile, could injure members of the audience if a planned stunt goes wrong, especially when props like trampolines are involved. Even face painting is not without its risks, with children having an allergic skin reaction to paint or falling out of their chair being just a few of the problems that can arise. Dressing up like Santa also carries a lot of risks because the work involves small children who are more vulnerable to accidents. A child could trip over your Santa boots and break their nose, or a camera light could fall over and start a fire.
Family Entertainment Center Insurance
Owning a family entertainment center can be incredibly fun, but there are a lot of risks to manage. Every attraction that you operate poses a set of risks along with the potential for lawsuits related to equipment breakdown, bodily injury and other problems.
A commercial property family entertainment center policy can cover activities such as laser tag, miniature golf, go-karts, arcades, bounce houses, bowling, paintball, rock climbing walls, skating rinks and zip lines, among others.
The cost of general liability insurance for children’s entertainment centers depends on the estimated gross sales and the types of activities that are offered. For example, go karts pose a higher risk than arcades. An insurance broker can provide an estimate after reviewing the specific activities offered by the family entertainment center.
Zoo and Aquarium Insurance
Whether you operate a small petting zoo or a world-class aquarium, insurance is necessary to protect against risks related to the many activities these types of establishments offer children, from animal and train rides to day camps, birthday parties, special events and splash pads.
Get in Touch With Our Entertainment Insurance Brokers
Working in the children’s entertainment industry means staying on top of the latest trends and protecting against the risks posed by this constantly evolving line of work. An entertainment insurance policy from MFE Insurance can shield your business from a broad range of liability concerns.
Reach out to MFE Insurance today, and we will create a tailored plan that meets your children’s entertainment company’s unique needs. Whether you are working on your own as a magician at children’s parties or running a major family entertainment center, we can provide you with the protection you need.