No matter what sport you’re engaged in, you always expose yourself to risk. Does it mean that you should stop going out? No, it’s just about taking the right steps to eliminate all the risks involved in sporting activities.
The same goes for yoga. In the last few years, around 5,000 yoga-related injuries have been reported. And this number is just what we are aware of. Does it make yoga a bad practice? Again the answer would be no. It’s just about taking lessons from a competent teacher and having enough backups if anything unwanted occurs.
But how do you exactly have backups? That’s our concern. Let’s go through the guide to choosing yoga teacher insurance that applies to the students as well.
Every studio that offers yoga for clients and has the set of teachers qualified enough to teach. It’s about keeping every student, teacher, and the image of the facility safe. There are thousands of students who take part in yoga every month. You definitely don’t want them to see injury claims.
So, in the first place, it is your responsibility to keep everyone safe. And, if anything unwanted occurs, your yoga teacher Insurance should help not only the teachers but also the students to get financial assistance. Also, the image of the studio is at stake when anyone filed a complaint against them. Maybe due to the negligence of the teacher, wrong equipment handling, or perhaps it’s the student who is the culprit. In the end, it’s the facility that would be blamed.
We hope we have answered all your questions regarding the need for yoga insurance.
Requirements For The Yoga Facility
According to the US consumer product safety commission, there were more than 7,000 yoga-related injury claims in 2010. People claim the fees for expenses of the emergency room, clinic fees, etc. due to overstretching or straining.
These injuries are sometimes irreparable, even through financial help. However, getting the compensation might make it easier. Then come the lawyers’ fees when anyone blames the teacher/facility for their losses. It’s covered in all the types of policies you might be choosing for yoga teacher insurance.
Types Of Yoga Teacher Insurance
Yoga teacher Insurance in Australia has various types. You need to choose according to your requirements. It takes some time to assess what risks your facility might be exposed to in the near future. Then comes the time when you evaluate every type of yoga teacher insurance policy. So, we have to be general in our views, let’s go through the types.
- General liability coverage insurance policy that covers the third parties as well.
- Professional liability coverage to save the image of the facility, along with covering for actual losses.
- Stolen equipment insurance to protect the fleet of machinery and gear you have in your facility.
- Rental damage Insurance to cover the fall in the number of students, you face a loss of income.
- Product liability insurance to cover for the negligence related matters.
Whatever environment you operate in, you need to be well aware of what affects your facility. Accordingly, your decision to choose an insurance policy comes into the picture.