Global Courant
Many people rarely stop to consider the need for group fitness instructor liability insurance. It makes sense, however, that precautions should be taken in our litigious society to ensure that those who choose to make a living as a fitness instructor are protected from legal harm, whether the charges are justified or not. Most insurance companies cover actual fitness facilities and their employees up to a certain limit and under certain conditions; however, it can only be the lowest possible coverage with certain exclusions and conditions. If you are a self-employed fitness instructor, or even work full-time at a fitness facility, it is vital that you consider protecting yourself with group fitness instructor liability insurance.
What is Group Fitness Instructor Liability Insurance?
Group fitness instructor liability insurance protects fitness instructors against damages suffered or lawsuits filed by plaintiffs as a result of the instructor’s training duties.
Common reasons for lawsuits against instructors include:
o Muscle injuries
o Joint injuries
o Back injuries
o Broken bones
o Bruised bones
Most group fitness instructor liability insurance policies cover the common causes or hazards that can occur during training and result in the above-mentioned losses. Common claims include:
o Injuries due to poor supervision
o Injury due to poor training technique and training
o Injury due to overtraining
o Injury due to insufficient stretching or cooling periods
People can also claim mental damage, stress or humiliation. It is therefore very important that your group fitness instructor liability insurance offers as specific and comprehensive coverage as possible. While certain endorsements (additional coverages) may add to the total premium you pay each year, it’s worth it in the end. There are too many frivolous lawsuits settled in favor of the plaintiff to warrant gambling with your coverage amounts and limits.
Coverage Limitations
In terms of coverage limits, most insurance companies will offer a basic policy with a total limit of $500,000, $1,000,000, or $2,000,000. They may also have a per-event limit that is significantly lower than the overall policy limit. It’s important to understand this distinction because if your policy limit is $1,000,000, but your per-event limit is only $100,000, that means you’re responsible for paying amounts owed to the other party that exceed the $100,000 limit. exceed. For example, if the judgment against you is $150,000 and the per-event limit is $100,000, you will be responsible for paying the remaining $50,000 out of pocket. If you don’t have the $50,000 in cash or savings immediately available for payment, wage garnishment and even asset liquidation can occur.
Conclusion
When considering group fitness instructor liability insurance, remember that it is always better to be overinsured and not need it than to be underinsured and end up with a large debt that you will have to pay for the rest of your life .
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