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Yoga has grown enormously in popularity in recent years, attracting a diverse range of practitioners and driving demand for well-qualified and experienced teachers. As with any business, yoga teachers must mitigate business risks and protect themselves financially. Yoga teacher insurance covers individuals and organisations for a range of accidents, incidents and other eventualities, ensuring you can continue to earn a living from your chosen profession.
Yoga teacher insurance is designed specifically for yoga professionals, covering risks unique to the sector and general business concerns. It protects against accidents and incidents resulting in injuries, illnesses or property damage while helping cover legal fees, medical fees and other unforeseen financial costs.
Yoga businesses take many forms, from freelance practitioners to large wellness centres. Policies can be tailored to meet the needs of each of these businesses.
Yoga teachers benefit from tailored insurance in the following ways:
Insurance policies will differ for individual teachers and studios. This reflects the unique risks these types of businesses are exposed to.
To tailor cover to the needs of yoga professionals, insurance policies usually combine various types of insurance. These include:
While yoga teacher insurance is not a legal requirement (unless your business has employees, in which case you need employer’s liability insurance), it is highly advisable. Though risk mitigation is central to any sustainable business, accidents do happen. Appropriate insurance ensures that these accidents do not spell the end for your business.
The cost depends on the size, nature and location of your business. Other influential factors include whether the business has employees, the types of yoga you practise and how many classes you offer a week. Freelance yoga teachers will pay considerably less than large yoga studios and policies can be tailored to your needs to ensure cover is cost-effective.
At Park Insurance, we use our extensive expertise and considerable experience to help you find the perfect insurance policy. By creating bespoke insurance policies that reflect your business needs, we enable you to protect your financial future without breaking the bank. Our generous policy limits and flexible payment terms mean we are customer-focused and accommodating.
For more information and a no-commitment chat with one of our advisors, contact us today or use our online form below to get in touch.
“I am writing to express my thanks to your staff for the excellent customer service that has been given to…