The sport and fitness industry is continuously growing and changing. With expensive equipment on the market and niche classes being run, more and more people are feeling the pressure to keep fit and healthy.
Whether you're a personal trainer, sports coach or sporting individual, specialist insurance is vital to ensure your clients, classes and yourself have the proper protection whilst taking part in sporting activity. The insurance provided can include legal liability cover, if you find yourself in an unfortunate situation where one of your clients injures themselves through advise or during your training session. Another option to include is public liability insurance, with up to £5 million of cover if the property you're using is damaged, or an individual you're training is injured, on the property.
Further options you may wish to consider is cover for 'loss of earnings', where if you found yourself to be out of work through an injury caused from partaking in a sporting activity you were insured for, your financial losses could be covered. This, for most of us, would be very convenient and may slightly take the pain away from your injury. In addition, you could also include equipment cover, which for personal trainers using theirs for 8+ hours a day, would be a vital cover to keep your business running, if something was to be stolen, lost or damaged during a session.
Sport equipment is usually replaced on a 'new for old' basis, providing you can prove the item lost, damaged or stolen was purchased within the last year. However, if the item is older than one year, then you would be compensated based on the value of the item at the time of the incident.
Protecting yourself and your business as a personal trainer or instructor is important and insurance via MoneyMaxim can assist with this. Get your cover today, by simply filling out a quick form on our site, and we will put you into contact with up to three insurance providers, with different deals and great cover.
This service is operated on our behalf by Seopa Limited.
This content was last reviewed on 21/04/2020