The events of 2020 took a toll on our health and wellness. Perhaps more than any other year, many people are exploring personal training and yoga classes to improve their physical and mental health.
This is good news for personal trainer business owners. And while a lot of time goes into planning workout routines and scheduling classes, it’s also important to set time aside to review your insurance coverage.
Regardless of class size or location, personal trainers and yoga instructors need an insurance program that protects against claims of bodily injury, property damage liability, personal and advertising injury liability, and the litigation costs to defend against such claims. We understand, which is why our specialty insurance program includes coverage for suits arising out of:
• Injury or death of spectators, participants, or volunteers
• Property damage
• Incidental medical malpractice
• Activities necessary to conduct training
• Ownership use or maintenance of fields or practice areas
• General negligence claims
• Cost of investigation and defense of claims, even if groundless
In addition to general liability insurance, some optional programs should be worth considering as well, such as:
• Equipment Coverage, an Inland Marine insurance product that provides coverage for your equipment and contents.
• Hired and Non-Owned Automobile Liability Coverage is liability coverage that provides protection for rented, borrowed, and other non-owned vehicles driven on personal training business.
• Increased Aggregates is an option that increases the aggregate limit of liability insurance.
The very nature of your business means helping people improve their health and wellness, but accidents happen. With proper insurance protection, you can stay focused on helping your clients without worrying about whether your business is protected.