Fitness insurance can cover a wide array of areas having to do with the fitness world. These policies cover anything from group fitness instructors, mind-body and yoga teachers and personal trainers to fitness centers, health clubs, gyms and studios. There may also be other insurance policies to cover areas in fitness and wellness such as dance instructors, life coaches, martial arts, Pilates teachers and reiki practitioners. Equipment used in wellness activities can also be insured. In this area, it is very important to find coverage tailored specifically for the fitness industry.
For instance, a health club offering yoga classes may want to look into coverage for its instructors. A basic package may offer $2,000,000 for each occurrence and a $4,000,000 aggregate limit. One should also consider a miscellaneous professional liability policy to protect against any bodily injury because of either performing or not performing services. As a professional, a yoga instructor should also look into personal injury liability coverage for protection against lawsuits that involve libel, slander or wrongful invasion of privacy and possibly even sexual abuse liability coverage.
A fitness insurance policy covering the whole health club will involve many of the same types of policies as found with those in a yoga package but to different extents. A health club package can include activities and areas of a building including courts, group exercise, Jacuzzi, suntan booths, swimming, weightlifting and whirlpool among others. In some states, it may also be possible to include building and personal property or home liability coverage as well as a policy that covers both renter and landlord of a rented facility.
There are also policies tailored for personal trainers that help them build a basic business strategy as well as keep an image as ethical, professional and serious. Like yoga instructors, personal trainers need personal injury liability to protect against lawsuits that threaten their reputations. However, coverage may need to extend beyond health club facilities to include all locations including clients’ homes. In this case, liability and trip and fall coverage is essential for those who offer training services including athletic trainers and sports conditioning professionals.
Fitness insurance can also cover a wide range of other areas including bonds, employment practices liability, general liability in areas including professional liability and tanning, property, umbrellas and worker’s compensation. One may work with an agent or broker that is familiar with insurance targeted toward the fitness industry in order to find the best policy possible that covers all needs whether working for a health club or as an individual instructor or trainer. It is important in this industry to protect one’s reputation as well as assets to maintain a successful presence in the world of fitness and wellness.