Sports & Fitness Insurance Canada Information
Phone: 1-888-346-6602
Fax: 1-519-439-8865
Web: http://www.sports-can.ca
About
Insurance is one of those costs that we would all rather live without. Most of us will never use it, but for the few that do, they are glad they did their homework when purchasing their coverage.
Every time you train, instruct or consult with any of your clients, there is risk involved. As a professional in your field, you need to protect your clients by serving their needs in a safe environment, as well as protecting yourself by purchasing quality insurance.
As the fitness industry has some unique requirements that are not included in a standard general insurance policy, it is important to ensure you have the best coverage possible. Some key points in our coverage include:
- Professional Liability:
- Most liability policies exclude professional liability coverage. If a court was to deem that your services are professional in nature, a standard liability policy might deny a claim. Our policies include both commercial general liability insurance and professional liability insurance pertaining to personal training and fitness instructing.
No "Participants Exclusion":
Some policies exclude coverage to participants. An exclusion like this, which is common in the fitness industry, would not be good for you, as all of your work involves the participation of your clients.
24 Month Business Interruption Coverage:
In the event of major claim, such as a fire, the studio's membership is greatly reduced due to closure. This coverage provides the ability to still receive what would be lost revenues while your space is being repaired or rebuilt. As you know, the loss of members/clients may cause a loss of income for a substantial period of time even after you have reopened, which is why our business interruption coverage is 24 months.
All in all, insurance is a part of your business that can be frustrating and difficult to understand. Ask the specialists at Sports and Fitness Insurance Canada to help you obtain the coverage that best suits your needs.
Lauren Santos
Sports & Fitness Insurance Canada