6 Reasons Why Yoga Teachers Need Insurance And The Type
A warm congratulation on the successful completion of your yoga examination. Now you have your yoga certification and you are wondering what else I need to get started.
It’s okay to rent a yoga studio, offer a yoga session online or even organize private sessions with people passionate to learn from you but you will be in for a big shock that can wreck your business if you don’t get a comprehensive general liability insurance coverage.
I’m sure you must be wondering, why do I need yoga insurance when I already have term life, home, and even car insurance? You need it because yoga insurance helps to protect you, your business, and your students in case of any eventuality.
What type of insurance policy do yoga teachers need?
There are basically two types of insurance policies that yoga teachers need. One is called general liability insurance and the second is a professional liability insurance policy. Most insurance companies offer both of them in one package while some don’t.
To save cost in your yoga business, you will need to look for an insurer near you that offers both the general liability insurance and professional liability insurance in one package.
General liability insurance will protect you against any third-party claims for injury or property damage.
Professional liability insurance policy will protect you against any claims that your instruction or posture correction resulted in injury.
Related: When Do You Need to Get Liability Coverage for Your Consultancy?
Failure to do this might result in personal injury lawyers feeding fat on you.
Why every yoga teacher needs yoga insurance coverage
- It increases the confidence your yoga students will have in your practice
- It can save you from going bankrupt
- Increase in clients’ confidence in your brand will likely increase patronage
- Yoga insurance coverage can protect you from a potential lawsuit
- Yoga instructor liability insurance is a requirement in most studio for you to operate
- It’s common for a yoga instructor to be accused of molestation or invasion of their student’s privacy due to close contact they have during practice. Having a yoga instructor insurance policy can protect you before the law.
Related: How Yoga Insurance Can Keep an Independent Instructor from Going Bankrupt
How to get an affordable yoga teachers insurance coverage
Getting affordable yoga teachers insurance coverage near you depends on a lot of factors but the summary is that by studying various yoga teachers insurance reviews, you might get one that is not too expensive that you can’t afford. Most importantly, you will get one that covers both general liability and professional liability insurance.
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Insurance challenges of being a yoga teacher
One of the worst nightmares of yoga teachers is that they are often held responsible for injuries caused by the inappropriate application of instructions by their yoga students. This is a huge challenge for yoga instructors.
Another insurance challenges faced by yoga teachers is the difficulty in finding an insurance company that offers a comprehensive yet affordable yoga liability insurance policy plus additional member benefits like a discount, free website, etc.
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Get yoga insurance policy today
A quick search or recommendation from friends can help you get an affordable liability insurance quote today as a yoga teacher. Looking at the enormous benefits of having yoga insurance, it will be a disservice to your business if you don’t get one today. Hopefully, we believe that you’ve learned a ton about the various reasons yoga instructors need liability insurance coverage.
Related: 5 Steps to Successful Insurance Claims