Yoga Insurance

Why Yoga Insurance?

Your Practice
To protect your business property, personal property, wage earning, reputation and the ability to continue teaching yoga, insurance protection is a necessary addition to your professional practice. If you are not covered by insurance that protects you from claims made against the work you do, then you are leaving yourself open for a lawsuit. If you think having insurance just gives someone access to the deep pockets of your insurance carrier, think again. Without insurance you can be personally sued for future earnings, and anything you might own. Although you may be innocent, you may still be put out of business. If you do not have the proper legal assistance to fight a claim, or the reserves to pay a successful claim, you are very vulnerable. Insurance is protection against both false and real claims.

If you rent, lease or are paying for space in a building, you can be held liable for accidents or damage even if your landlord has premises liability insurance. If you are working out of your home, you are liable for damages if someone falls going to or coming from your house or apartment. If someone is bitten by a dog or scratched by a cat while at your place of business, even if it isn't yours, you are liable. It is worth calling up Aviva or your local provider to find out more about which policy will be best for you. It definitely worth it. Insurance protects you in case someone is injured.

Your Premises
If you rent, lease or are paying for space in a building, you can be held liable for accidents or damage even if your landlord has premises liability insurance. If you are working out of your home, you are liable for damages if someone falls going to or coming from your house or apartment. If someone is bitten by a dog or scratched by a cat while at your place of business, even if it isn't yours, you are liable. Insurance protects you in case someone is injured.

 

YogaBC INSURANCE UPDATE

To apply for insurance, please:

  1. complete the YogaBC Teacher Registry Application Form
  2. ensure your YogaBC membership is current
  3. complete insurance broker application

For assistance or additional information please contact us.

 

Before purchasing any insurance, please check the terms of the coverage, that the coverage applies to the scope of practice you are conducting, and that it is valid in the region you are practicing such as Canada, US, or International.

 

YogaBC seeks  relationships with insurance providers who understand the needs of yoga teachers and studios and can provide competitive rates for our members:

 

Example:
Sports Insurance

*Yoga BC Teacher Registry Required

www.sporttsinsurance.com
Holly Nurmi
Tel: 604.922.2338
1497 Marine Drive Suite 300, West Vancouver, BC V7T 1B5
Download: Sports Insurance Application Form

 

YogaBC Members / Additional Layer* / Non-Members 

 

Teacher Insurance
$ 2,000,000 liability             $150 / $100 each layer / $350

 

Studio Insurance
$ 2,000,000 liability **            $200 / $100 each layer/ $700
$ 5,000,000 liability **           $350 / $100 each layer / $1100

 

Property Converge  
$5,000 contents (on and off premise)    $50 
10,000 contents (on and off premise)  $100 

 

*Additional Layers may include:  hot yoga, pre-natal, teaching children


**Additional Layer for teaching teachers: $500