[easyazon_image align="left" cart="y" height="110" identifier="0764556843" locale="UK" nf="n" src="https://images-eu.ssl-images-amazon.com/images/I/51WHD047AEL._SL110_.jpg" tag="exaude-uk-21" width="87"] If you’re working as a personal trainer for a gym, health club or other fitness studio, you and your clients are most likely fully covered under your employer’s scheme. But if you’re out there in the big, bad fitness world on your own, you’ll need to do some research on the types of coverage you need and the best places to get it. Here we’ve rounded up the info to get you started:
1. Public Liability Insurance
This one is essential. Public liability insurance means you won’t be held personally (read: financially) accountable in the event that a client injures themselves while under your supervision. It will also cover you for property damage in case a client gets frustrated and throws a dumbbell through a window…! Most plans will offer up to £10M coverage and prices start from around £5 per month.
2. Professional Indemnity Insurance
Another key coverage plan for fitness instructors and PTs, indemnity insurance covers you in the event that a client claims you provided poor advice or services. For example, if a client fails to achieve a certain goal, they could take legal action against you suggesting that it was your responsibility to ensure their goals were realised. These kinds of claims, accurate or otherwise, are expensive to defend and professional indemnity insurance will provide financial coverage for you.
3. Employer’s Liability Insurance
If business is booming you may start to think about employing staff to help you grow your reach. If this is the case, you’ll need to take out a policy to cover your staff and keep in mind that this is a requirement even if you have only a single staff member and they’re an unpaid intern. Employer’s liability insurance covers your staff for injury, illness or harm.
4. Equipment Insurance
If you’re working out of an existing gym or fitness studio, this isn’t something you’ll have to worry about. But as soon as you start to purchase your own equipment, whether it be
heart rate monitors,
treadmills or
yoga mats, you might want to consider insurance for your business equipment purchases. Once you have coverage, any damage to or theft of your equipment should be covered and you won’t be majorly financially hurt by any replacement costs. Prices will vary depending on the type and volume of equipment being covered and its always best to shop around for the best deal.
