Why Get Health and Fitness Insurance?
As a professional in the health, beauty and fitness industry the health and wellbeing of your clients is directly in your hands.
Health and Fitness Insurance Claims Examples
Bodily Injury
Incident: A customer is working out at your gym and accidentally slips on a puddle of water while exercising. They suffer injuries and have to pay $100,000 in medical fees and rehabilitation.
Result: Your commercial general liability coverage will pay for legal fees and injuries.
Property Coverage
Incident: Overnight a fire breaks out at your spa damaging the unit and destroying the equipment and stock at the location causing $80,000 in damages.
Result: Commercial property insurance will reimburse you for the repairs to the premises and the cost to replace all equipment and stock.
Professional Liability
Incident: While performing a manicure, your employee accidentally injuries your customer. The resulting cut becomes infected and the customer sues your business for injuries of $50,000.
Result: The professional liability coverage pays for legal fees and injuries that your business is held liable for.
Health and Fitness Insurance, Explained
Who needs health and fitness insurance?
All businesses that provide services involved in the health, beauty and fitness industry. Professionals such as therapists, barbers, personal trainers all require health and fitness insurance.
Why do health and fitness professionals need insurance?
Whether you have premises, go to your clients, or work from home, all health and fitness professionals should properly ensure that they limit the financial risk to their livelihood. In today’s increasingly litigious society, a client only needs to feel that there was negligence or you failed to properly render professional services to take you to court.
What does health and fitness insurance cover?
- Property Coverage – Can be broken down into more specific coverages however in general will insure property and contents that you own. Examples can be your building, equipment & tools and/or stock.
- Business Interruption – Protects your business from financial instability by covering lost income in the event of a covered loss.
- Commercial General Liability – Protects you against third party claims of property damage or bodily injury that may occur at a job site or your own location.
- Products & Completed Operations Liability – Protects you against third party claims of property damage or bodily injury that may occur after you have already completed your service.
- Professional Liability – coverage is provided for injuries resulting from any professional services provided
Full List of Business Insurance Types
Why Choose Pacific Insurance?
Our staff are trained Registered Insurance Brokers of Ontario (RIBO) which is the self-regulatory body for insurance brokers in Ontario.
We have been regularly featured in the media as insurance experts and asked to speak at events like the ‘CRV Radio International’.
1 on 1 Service
Speak directly with an expert instead of dealing with a faceless call centre.
40+ Years in Business
We provide the results of a large agency while giving you the agility and service level of a boutique agency
Fluent in Many Languages
Speak to our brokers in English, Cantonese, Mandarin, French, Korean, or Hebrew.
