The work of a personal trainer is unique. You are using your expertise to affect the health and fitness of a person positively. But, despite how well-regarded you are as a professional, there are still risks associated with the job. And if you want to protect your trade, you need insurance to cover for unwanted incidents and claims filed by your clients.
Liability insurance for personal trainers should be sufficient in covering the costs associated with injuries, property damage, and other occurrences included in the policy. However, not every liability insurance policy is created equal. To ensure that you get the most out of your policy, let the following frequently asked questions guide your decision-making process.
Does your place of work provide insurance coverage?
Your employment situation may be different from other personal trainers, and this could determine whether or not you need a separate policy. Most gyms and fitness centers have liability insurance. You need to ask first if you are already covered. If so, ask whether your coverage is enough or if it has limitations. If you feel that the coverage is not enough, consider getting a personal policy for your peace of mind.
How does insurance for personal trainers provide protection?
General liability insurance for personal trainers protects you in many ways. You are covered in case a client sustains an injury during a training session. Another example would be if your client got sick after you provided fitness and health advice. Moreover, general liability also covers damage to property, which may arise when you conduct your business at your client’s home.
Are you legally required to get insurance?
Businesses are often legally required to get insurance coverage before they can operate. But in the case of personal trainers, it depends if your place of business requires you to have insurance before you get employed. Although there are no laws that mandate personal trainers to get general liability insurance, it is still considered a good business practice to have a policy. If you want to gain the respect and trust of your clients, it is best to have insurance.
Is it worth buying general liability insurance?
Some personal trainers worry about the cost of buying liability insurance. But if you think about how much it would cost you to pay for a lawsuit related to an injury sustained by your client, you will be surprised at the great value of an insurance policy. Although some assume that you are not likely going to experience any accidents throughout the course of your career, are you willing to take the risk? The truth is, accidents happen anytime, and it is better to have insurance than to worry about it later on.
What factors affect the cost of an insurance policy for personal trainers?
The cost of an insurance policy depends on several factors, such as the type of fitness service you provide, location, equipment used, your expertise, and the revenue you receive over a specific period. The provider may also ask for additional information about your professionasl to ensure that the policy is tailored-fit to your needs.