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Essential coverages to meet client demands
When you also have equipment or operate from a studio
All Basic plan benefits and:
Get protected against employment-related issues
All Standard plan benefits and:
*plus Workers Compensation
Business Owners Policy (BOP) combines property and liability insurance under one package. The package is created for small to medium-sized businesses that generally face the same kind of risks. It typically includes property, business interruption, and liability protection. This way it saves your business the cost of buying these insurance policies individually.
Popular for yoga instructors, Errors and Omissions (also called Professional Liability) protects you if a client claims malpractice. A student may feel you’ve given them instructions that caused injury and they sue. The legal costs of settling the case or court costs could bankrupt your yoga business.
Yoga instructors should buy General Liability, it's essential for any business owner. General Liability protects your yoga business if someone brings a personal injury (if they fell and injured themselves during class) or a property damage claim. Even if these incidents aren’t actually your fault, you could still be held liable for damages.
If you employ others in your yoga business, perhaps you own a studio and have hired some additional instructors, cleaning staff, or a receptionist; this helps. Workers' Compensation covers expenses for employee injuries or illness at work, and they can no longer sue for employer negligence.
Employment Practices and Liability Insurance (EPLI) protects your business against claims by the employees that their legal rights as employees have been violated. This includes discrimination, wrongful termination, sexual harassment, breach of contract, failure to employ or promote and other related incidents.
Yoga instructors are fitness professionals who teach yoga, a type of exercise that combines body poses with stretching and breathing techniques to help clients improve their strength and flexibility. Yoga is known for its psychological benefits as well as increasing physical fitness, and many people take yoga to relax and focus on channeling positive energy. Yoga teachers must complete extensive training before teaching their own classes, and many double as personal trainers or teach other types of fitness as well.
Many yoga instructors are entrepreneurs with their own studios, train in a gym or conduct personal sessions at their home. As business owners, they need insurance to protect themselves in the case of an accident, unhappy customer or unexpected issues beyond their control. Yoga instructors must make the health and safety of their students a top priority.
Yoga instructors go through intense training over a long time, making customers trust them to lead them into new, challenging poses during class and push themselves to new physical limits. As a yoga instructor, it’s important to know human anatomy, injury prevention, health and fitness to build credibility with customers and show them you’re there to keep them safe during classes.
No matter how experienced you are, potential risks of client health and safety in your hands exist. Yoga is exercise - and no matter how many modifications you recommend, a student could still be injured and sue. As entrepreneurs and business owners, yoga instructors also face risks similar to those in other industries, from personal liability lawsuits to weather disasters that cause studio damage. Insurance is much less expensive than a lawyer, so it’s best to protect yourself from the beginning.
Before you teach your students, make sure they are in good health. Yoga teachers should be registered and qualified to teach. This provides security both for the teachers and the public. Make sure that your class area or studio is free of the risks where customers may slip and fall. Also ensure that you have the right insurance to cover most property damage, personal injury, and bodily injury claims.
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