At first, it may seem silly to think that a yoga practitioner, who works with healing to assist his or her clients, may need to worry about having yoga insurance. However, possessing such a policy is far from silly. In fact, it is one of the most basic tenets of business. That is why you may find that many regions may actually require professional yoga teachers to show proof of insurance before proceeding to do business. More spas and private studios, for instance, may require that you have your own individual yoga teacher policy in place before you can get on the roster as a teacher at those locations. Whether you have the most hip studio in town or your visit your clients at their homes, it’s a good idea to carry your own personal policy.
The reason that having yoga insurance is a basic tenet of business is because no business wants to begin operations without this safety net, which will provide protection in case any negative scenario ever unfolds involving a client or customer. No one has a crystal ball to predict the future and prevent these negative happenings. Therefore, possessing yoga instructor insurance provides an important sense of security and peace of mind.
In many ways, having yoga teacher insurance is much like having automobile insurance. You cannot predict when or if you may be involved in a car accident, and that is why you have car insurance—to protect yourself and your finances in case such an accident happens.
Even though the chance of a negative scenario taking place in or around your yoga studio may seem quite far-fetched, it still remains a possibility. When it comes to understanding why you need insurance coverage, one of the easiest circumstances to comprehend may be the notion of a client having an accident on the property of your yoga studio.
For instance, imagine a client trips on her way through the door and sprains or even breaks her ankle. Picture a client walking down the hallway of your yoga studio and slipping on a loose rug, a slippery spot or simply tripping over his own toes. If such an accident were to result in an injury, you may be facing a legal claim for the damages, simply because the accident occurred on the property of your practice.
In situations such as these, you would need the general liability portion of your yoga therapist liability insurance to kick in and provide the coverage necessary to see you through the legal process. Other aspects of a high quality yoga liability insurance policy include malpractice, or professional, liability insurance, along with product liability insurance, and possibly even rental damage coverage and reimbursement for stolen work equipment.
By making sure you have a top notch yoga instructor insurance policy in place, you can continue you work with a focus on positive, healing energy, knowing you are protected and covered against negative occurrences.