Business Insurance For Personal Trainers – The fitness industry is full of opportunities, but it is not without unexpected challenges. Having the right tools to navigate these times and the risks that come with them can mean the difference between a successful business and going out of business. One such tool is personal trainer liability insurance.
Here we take a look at the world of personal trainer liability insurance. What is it, why is it important, and how can it change the game for your fitness business? Whether you’re a fitness professional or someone just starting to consider a career in personal training, this article will highlight an often overlooked aspect of the health and wellness industry.
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Accidents, injuries, legal disputes, etc. can happen. These challenges put fitness trainers and their clients at risk. This is where liability coverage can be a safety net.
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Personal trainer insurance provides financial protection and peace of mind in the unexpected. As professionals dedicated to improving the lives of their clients, personal trainers must be proactive in protecting their business and their own interests as well as the well-being of those they train.
All businesses, including fitness businesses, require coverage if someone claims to have been injured in the operation of the business. Most people think of this type of coverage as general liability insurance.
Strange things can happen, and when they do, general liability insurance protects you and your small business.
General liability insurance is good, but some businesses, such as personal trainers, require a special type of additional liability insurance called professional liability insurance. If you are a professional, such as a doctor, lawyer, physical therapist, nutritionist, personal trainer or health coach, and you provide professional services or advice to others, you need professional liability coverage.
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General liability coverage does not protect you from claims that your services caused injury to your customers. These types of claims are specifically excluded from general liability coverage. This is where professional liability coverage comes in.
A separate type of exposure not covered by general liability or professional liability policies is product liability coverage. This coverage protects you if a product in your gym breaks and causes bodily injury or property damage.
For example, you gave a customer a weightlifting belt, but the belt broke and the customer was injured. Claims that the belt is defective are not covered by general or professional liability. This is where the protection of product liability insurance coverage comes into play.
Most trainers or personal trainers work independently or work in partnership with other fitness professionals with whom they have independent contractor relationships. However, if your business is large enough and you have employees, you may need or need to have workers’ compensation insurance.
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Workers’ compensation insurance is a special policy not included in a general liability policy that protects you if an employee is injured while working for you and claims that the injury occurred as a result of their work. A fitness professional on your staff is injured after dropping a barbell while walking across the gym. Workers’ compensation insurance comes in to protect you from this exposure.
Liability insurance is designed to cover you, the business owner, against exposure as a result of injury or damage caused by others. All of the examples above, general, special, product liability, and workers’ compensation insurance, are types of liability insurance.
But what about accidents that cause property damage? Burning candles can damage your personal property, or leaking water can damage your area rug, artwork or other property. Or maybe someone steals your equipment or laptop from the gym or your car while you’re moving from one training session to another.
These are all examples of property damage that you may be familiar with, and that property insurance would cover. You will want to assess how much of your property is at risk and purchase insurance to protect you against the loss of that property.
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Choosing the right professional liability insurance is an important step for personal trainers to protect themselves and their clients from risks and liabilities. Here are some key considerations to help you make an informed decision:
Of the above protections to protect your business, none is more important than professional liability protection. A common phrase you hear when an accident occurs is, “Don’t worry.” Because it’s insurance.” Because in most cases there are no consequences. It’s just an accident, it’s covered by insurance, and it moves on. It’s it’s a completely different story if the accident involves personal injury from professional training or consumer training. Now another question comes in. work and my reputation?
This is a more serious issue, so it is very important to have an insurance company on your side that knows your business and understands the conditions that can cause accidents. These situations require a team of insurance companies that are able, willing and ready to protect you personally, which is why choosing a professional liability insurance team is important.
API Fitness is that team. Allied has been in the health and wellness field since 1986 and has professionals like you covered. With more than 150,000 insurance clients nationwide, no one has more experience dealing with professional exposure than API Fitness. Our team of in-house attorneys and our national network of defense attorneys have decades of experience in the legal and corporate fields, ensuring you are well represented when attacked by personal injury attorneys with false claims.
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Just as important as our experience and performance is our commitment to protect our clients. Your reputation is at stake and the satisfaction of trying to fix things is not. Any claim over $3,000 will be sent to the National Practitioner Database and will be a permanent stain on your record, potentially affecting your work and livelihood.
When an accident occurs, the lines often become blurred. Who said what to who, who did what, if there were any injuries already, how bad they were, where the things were, who put them there, the list goes on. Allied philosophy and commitment is clear. If you are at fault, we will pursue reasonable remedies, but as in many cases, we draw a clear line where claims are made that are exaggerated or completely imaginary. We will fight to the end to protect you. Our commitment to your protection is unwavering.
API Fitness provides all the services you need to run a personal training and coaching business. Our professional practice policies combine the three main liability protections into one policy package: exposure to professional, general and products liability.
Not only is coverage comprehensive, it also extends to your activities wherever you provide training services, as long as you are legally permitted to provide those services in that location. From the beach to your home, a ski resort in Colorado, or a spa in New Hampshire. The cover is completely portable.
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We also offer a simple individual property insurance option that covers your trade equipment/tools, a special policy that also applies when you are training at an off-site location. And if you’re one of the rare self-employed professionals who needs a more comprehensive workers’ compensation policy or business owner’s policy (BOP), we may be able to get it for you.
Registration is very simple and takes only 5-10 minutes. Coverage is very affordable. Coverage ranges from $60 to $1,000,000 per year in coverage costs for ISSA members only. Call 800-860-8330 or follow the ISSA link to our website at www.apifitness.com to explore your options and register today.
ISSA members get a $1 million insurance policy for $60 ($50 savings). Click here to save money and protect your fitness business! Aerobic Instructor Dance Instructor Fitness Instructor 20-20-20 Fitness Instructor Aqua Fitness Instructor Ballet Instructor Fit Trainor Barre Trainor Biodanza Trainer Body Beast Trainer Body Combat Train Trainer Body Pump Train Trainer Boot Camp Trainor Cardio Kickboxing Train Trainor CIZ Train Trainor CIZE Trainer CrossFit Instructor Cycling Instructor Gyrotonic Instructor HIIT Instructor Commitment Instructor Jazzercize Instructor Kettlebell Instructor Kettlebell Theory Instructor Orange Theory Instructor P90X Pilates Instructor Piyo Instructor Pole Stretch Director Power Stretch Director Strint Tab. structors Yoga Instructors Zumba Instructors Personal Trainers Exercise Trainers Kids Fitness Instructors Online Personal Trainers Pilates Instructors Student Instructors
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