Then, if the case goes to court, you’ll be looking at legal fees plus compensation if you’re found at fault. Without general liability insurance, you’ll have to find the cash to cover his medical bills and lost wages. To recover the cost, he might file a claim against you, the yoga studio, or both. Now, say that student needs stitches and time off work. During the class a student loses his balance, slips and falls against a mirror, breaking it and cutting himself badly. The owner’s spared no expense, investing in beautiful hardwood floors and ornate mirrors along the walls. General liability insurance for yoga instructors – why you need it First, let’s talk about the essentials: liability insurance for yoga instructors. We’ll cover these policies later in this post. Cyber insurance (attacks, hacks and data breaches).Business personal property insurance (lost, stolen or damaged equipment).Workers’ compensation insurance (employee injury and illness).Then, depending on the way you run your business, you may also need:
Professional liability insurance (mistakes and client complaints).General liability insurance (personal injury and property damage).And whether you give classes at health clubs, teach from your own home, your backyard, the local park, or the beach, two policies are essential: To be on the safe side, all yogis should have their own insurance.
So why risk putting pressure on your prana when yoga instructor insurance can protect you? Not only from the emotional strain, but from the financial fallout too.
They can also cause a great deal of stress. Now lawsuits aren’t just expensive, they can ruin your reputation. Either way, next thing you know, your student is in the ER and you’re saying namaste to a legal claim. Or it could be a simple slip and fall in the studio. It could be a student over-stretching, practicing an asana incorrectly, or forgetting to tell you about a medical condition. Because despite your best efforts to teach safe yoga practices, accidents happen and mistakes get made. Yoga teacher insurance: it helps keep you zen.