If you are a practicing yoga instructor in the state of Rhode Island, the importance of obtaining liability insurance to protect your business simply cannot be overstated. Given the hectic pace of life and the whirlwind of responsibilities that come standard with running your own business, it is easy to overlook the finer details of your enterprise. However, should you be named in a liability lawsuit, procuring Rhode Island yoga insurance will quickly become vital to the survival of your business. As unpleasant as it may sound, today’s sour economic climate has prompted many people to seek out potential lawsuit targets, and without the proper legal protection, your livelihood could be threatened.
The purpose of yoga insurance is to offer you legal protection against liability lawsuits that may arise from clients who claim to have incurred some type of damages or injury as a result of your teaching duties. When students or clients file lawsuits against yoga instructors, they are usually seeking financial remuneration for injuries sustained as a result of participating in your class. Examples of claims that have been filed include bruised or strained neck and back muscles, fractured bones, joint damage, torn or injured ligaments, etc. Claimants will often cite professional incompetence (i.e., lack of proficiency in teaching techniques) or overtraining as the reason for their injuries. These types of accusations are often referred to as “malpractice” claims, and fall under a broad category known as professional liability.
Another type of claim that is often filed against yoga instructors deals with injuries that arise as a result of a physical hazard in the teaching facility, such as a slippery floor. Injuries of this type are covered by what’s known as general liability insurance, more popularly referred to as “trip and fall” insurance. The third major category of claims filed deal with injuries or damages incurred as a result of using certain supplemental aids or products that you may sell through your yoga instructional practice, such as yoga mats. These types of claims are known as product liability claims, and the right yoga insurance will provide adequate coverage for cases like these, as well.
Although the state of Rhode Island has not yet made it a legal requirement for yoga instructors to carry liability insurance, the risk to your business is far too great to overlook the necessity of obtaining Rhode Island yoga insurance. When it comes to safeguarding your investment, every possible scenario should be taken into account. The last thing you would want is to be named in a lawsuit and have no legal recourse to protect your business, and by extension your livelihood. Procuring liability insurance will not only ensure that your business will be shielded from possible financial damage, it will also provide you with greater peace of mind.