Hey new yogis, many of you have asked me about insurance and why you need it. Check out this guest article from Canopy. They cover some important points and – for my yogis in the States – I wanted to hook you up with this really great rate!
– Rachel
Have you ever thought of what would happen if one of your students were to sue you? The average legal cost of a liability claim is $35,000 not including damages if you’re found liable. Insurance Canopy can help you find the yoga teacher insurance that is flexible enough to fit within your budget and still provide you with the protection you need.
What Is Yoga Teacher Insurance?
Yoga teacher insurance covers you in case you are sued for bodily injury, property damage, or personal injury.
You need this coverage for a variety of reasons. Let’s say, for example, you are a yoga teacher who routinely makes house visits. General liability coverage would cover damages to a client’s home if your yoga wheel indented their new hardwood floor.
Or, perhaps you are sued by a student because your instruction gave them an injury, such as a torn ligament or hurt back.
Do I Really Need Yoga Teacher Insurance?
Yes. It’s essential to carry yoga teacher insurance for the following important reasons:
- It protects your financial assets and can help you with legal expenses if you get sued, medical expenses if you were found liable for a client’s injury, or the cost to replace something if you damaged someone’s property.
- People won’t hire you without it. Many gyms and studios require yoga instructors to carry insurance. Some gyms or studios may require you to add them as an additional insured in order to conduct sessions at their gym.
- It keeps your career as a yoga teacher going strong, even if you are sued.
What Should I Look For in a Yoga Teacher Insurance Policy?
In addition to comprehensive coverage and low deductibles, you should look for the following features:
No Membership Required
If you have been shopping for yoga insurance, you know that the annual premium for yoga insurance policies can range from $150 to $350. In many cases, to access lower premium for yoga insurance, you must also purchase a membership in an organization or subscribe to a publication.
Insurance Canopy provides yoga insurance for a low annual premium of $129 with no membership required, making our policy one of the most cost-effective out there.
No Hourly Requirements
Whether you teach full time, part time, or as a hobby, our policy is available to you.
Insurance Canopy offers a single-cost policy that covers both part-time and full-time instructors.
Multiple Services Allowed
If you are a yoga instructor who provides multiple types of yoga instruction, you may have noticed that other insurance agencies require you to purchase a separate policy for each type of yoga that you teach.
With Insurance Canopy, you can provide multiple types of yoga instruction that will be covered under one policy.
Buy Online & Download Documents Immediately
Online access is important for yoga teachers on the go. With Insurance Canopy, you can purchase yoga insurance online within minutes, without needing to wait for a quote. You can also download your insurance documents 24/7.In addition, you can add additional insureds and have your proof of insurance within minutes at anytime during your policy period.
Insurance Canopy offers yoga insurance through a no-hassle, online process that is available at your convenience.
Additional Insureds
You may teach yoga at a single studio or travel to different locations. Gyms, studios, or other venues may require you to add them as an additional insured to protect them from your liability. To add a single additional insured to your policy, the cost is only $15.
With Insurance Canopy, you can also purchase unlimited additional insureds for just $30.
Have More Questions?
We hope this helps you understand what Insurance Canopy’s yoga insurance offers and what insurance coverages your yoga teaching practice may need. If you have additional questions, our representatives are available during business hours. Please contact us at 844-520-6993 or by emailing info@insurancecanopy.com.
