As a yoga teacher, you need yoga insurance to protect you from third-party liability claims. If a student were to sue you, could you stretch your financial resources to cover the cost of a lawsuit or medical bills?
Because yoga is a physical activity, the chance of injury or mishaps is higher than normal. In fact, the National Electronic Injury Surveillance System (NEISS) reported that the number of yoga-related injuries treated in emergency rooms have nearly doubled to 5,000 instances in the last five years.
YOGA INSURANCE COVERAGES THAT ALL YOGA TEACHERS NEED
There are many components to yoga insurance. Here, we break down each part of Insurance Canopy’s yoga insurance policy and explain what it covers.
WHAT IS GENERAL LIABILITY?
In a yoga class, students may have varying levels of physical ability and agility. Whether or not it is your fault, a student could easily become injured and decide to sue you.
General liability coverage offers you protection against these types of third party claims for bodily injury or property damage. It can help protect you from damages and legal costs.
WHAT IS PROFESSIONAL LIABILITY?
Professional liability insurance for yoga teachers is extremely important since you provide instruction and sometimes correct student postures in a pose. If those instructions or corrections were to result in an injury for one of your students, you could be held liable in a claim.
WHAT IS INLAND MARINE?
Inland marine is a type of business personal property coverage that provides protection for your property anywhere in the United States.* Basically, if the property you use for yoga instruction is vandalized, stolen, or damaged by fire, it would be covered up to $2000 per item for a covered loss after a deductible is applied.
WHAT ARE THE BENEFITS OF BUYING YOGA INSURANCE THROUGH INSURANCE CANOPY?
Purchasing through Insurance Canopy gives you multiple benefits that you can’t find with other insurance programs.
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 a discounted 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 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 MODALITIES 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
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 coverage 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.
All insurance policies have conditions, limitations, and exclusions, please refer to the policy for exact coverages.
*Not currently available in Missouri.
