AcroYoga instructors help others develop trust, and connection through yoga, acrobatics, and healing arts. While these accomplished teachers apply their craft with their students’ best intentions in mind, they’re also more vulnerable to lawsuits than many other professionals.
Since Acrobalance is a key component of AcroYoga, participants are often fully suspended in the air, using balance and core strength to form physically demanding poses. Because of the physical risks involved, AcroYoga instructors experience significant personal liability – even if they have an active professional liability policy.
Traditional insurance companies often consider activities like AcroYoga as extreme in nature, so they exclude them from coverage in the fine print of their policies. If you’re an insurance agent or broker representing AcroYoga instructors, you’re responsible for ensuring that your clients have the right liability protection to reduce their risk and safeguard their assets.
Prime Insurance Company can provide liability protection for any independent fitness or training instructor from potential liability claims as a result of an accident caused by their work. You can recommend a Prime plan to your clients with complete confidence.
Does your client’s current general liability insurance, professional liability insurance, or product liability insurance protect their personal assets in cases involving frivolous claims?
In most cases, legal judgments exceed the limits of these policies. Also, many common, frivolous claims may qualify as exclusions in traditional business insurance policies.
In 2010, the Consumer Products Safety Commission reported that yoga-related injuries in emergency rooms and doctor’s offices rose to 7,369.
The most common yoga injuries include neck, back, knee and shoulder injuries.
An AcroYoga liability insurance plan can prevent policyholders from having to pay thousands or millions of dollars out of pocket if a lawsuit or settlement goes against them. It will also cover the costs of their legal defense. Specific coverage areas include:
Because of the physical risks involved with yoga instruction, many insurers don’t want the exposure. At Prime, we focus on providing coverage for these unique situations by offering multiple solutions. If your clients have been denied coverage or had a policy canceled or nonrenewed, we can step in and fill the void. We can even help those who have an adverse claims history.
Our AcroYoga insurance provides protection over and above what a current plan offers and covers many gaps and exclusions. Your clients will benefit from an all-in-one approach where they can cover the most significant exposures under a single policy. They’ll sleep better at night knowing they don’t have to worry about a liability claim wiping their finances and ruining their business. When you work with us, your AcroYoga clients can focus on what matters most — providing safe, high-quality instruction.
When you partner with Prime for AcroYoga insurance, you’ll get excellent service during the application process, making life easier for you and your clients. Our in-house team of underwriters can provide an array of flexible solutions that fit your unique needs. We also offer risk management services that can help avoid incidents that lead to claims.
If you need to file a claim, we have the expertise to ensure a fast, fair settlement or resolution. You or your client can report a claim 24 hours a day, and we’ll get things moving immediately.
As a financially stable business, Prime has the resources to cover claims of all sizes and handle other related costs. The company writes E&S business in all 50 states and has an “A” (Excellent) rating by A.M. Best*. Prime has also earned a Financial Stability Rating® of A” (A Double Prime), Unsurpassed, from Demotech, Inc.** You can choose us with complete confidence.
*see www.ambest.com for latest ratings
**The most current Financial Stability Rating® must be verified by visiting www.demotech.com.
We focus on turning insurance applications around as quickly as possible. Start by submitting our online application, and our underwriters will review it promptly. We’ll then set up a convenient phone conversation to gather additional information. Once we’ve completed our review, we’ll issue a no-obligation quote without delay.
To learn more about AcroYoga Insurance from Prime, contact us today at 1-800-257-5590 or firstname.lastname@example.org.