Do you think professional liability insurance isn’t necessary to you because you are a yoga instructor? Read here to find out how it could actually help you!
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Many people might think that being a yoga instructor should be quite zen, however it is not all stretching and soothing chants. People often forget that there is a business side to it all and that side needs maintenance. This means covering all sorts of ‘fun’ topics such as insurance.
Would a yoga face some sort of professional risk which a policy such as professional liability insurance could dig them out of? Absolutely. The easiest way to show how a yoga instructor could face some sort of professional risk is through some hypothetical scenarios. Let’s take a look at some such scenarios and how we could potentially solve them now.
You are nearing the end of a yoga class and everything is going well. However, when you move into one of the cool-down positions, one of your students pushes to far and hurts themselves attempting a position they were not ready for.
They, of course, blame you for what might actually be a common yoga injury and head off to the hospital. A few days later you receive a medical bill for them which you are unable to pay.
The vast majority of yoga instructors do not have their own space. Instead, they choose to rent a room in a larger building and this means that everything in the room is not yours but you may have to pay for it if you do not care for it properly.
For example, you might not notice your water bottle tip over during class. By the time you try to clean it up, you realise it went over the expensive sound system dock in the corner of the studio and fried it. When the owner of your studio finds out, they will angrily give you a bill to replace it.
How Professional Liability Insurance Can Help
Both of these scenarios end with a bill that most yoga instructors could not pay by themselves, no matter how successful they happen to be. What do you do in this scenario? If you sell your business to be able to afford to pay the bills, you then won’t have a livelihood to return to. Luckily there is a solution which can help; professional liability insurance.
This policy will help to cover you in the even of the scenarios above. By making a claim with your insurance company, you can receive the financial help you need to be able to pay off the bill. What’s more, you will be able to return to your job quickly and easily.
Shop around to find the best affordable yoga insurance policy for you. The best policies will allow you to cover a whole host of different problems and fully protect you against anything that could head your way.
Of course, this means that you can then get back to doing what you do best. As much as you love your job, you cannot neglect the business side of it. Just as you must remain balanced in a position, you can learn to balance the fun of yoga with the necessary business practices like sorting out your insurance!
To read more on topics like this, check out the lifestyle category.