Yoga Insurance Quote

What is yoga insurance?

Yoga is designed to bring inner peace, and physical strength, to its practitioners. As a yoga teacher, you play an important part in helping people realise that within themselves.

However, this doesn’t mean the art is without its accidents. With any physical activity there is the risk of injury, and yoga is no exception. But while this is all part and parcel of the profession, the last thing you want is to be stuck with a hefty bill related to a claim made against your business.

That’s where yoga insurance comes in. Yoga insurance is an umbrella term covering a range of different policies that can help protect your business from the financial strains of such situations.

At the heart centre of your yoga insurance package will be public liability insurance. This is for times when a third party – most importantly your clients – suffers an injury or property damage due to your business activities.

» COMPARE: Public liability insurance

Complimenting public liability insurance is professional indemnity insurance. This form of insurance is for times when a client may accuse you of causing personal financial loss because of professional negligence on your part, such as giving them bad or improper advice – this could include instructions during a class that they say caused them an injury.

» COMPARE: Professional indemnity insurance

Meanwhile, if you have any employees that are not members of your family or based abroad, then you are legally required to take out employers’ liability insurance. This is for if an employee falls ill, or suffers an injury, due to their work.

There may also be yoga equipment you want to cover through tools and equipment insurance. You might even have business premises, such as a yoga studio, that you want to protect through business buildings and contents insurance. And if you sell any products at your studio, you should consider product liability insurance too.

You should also check if you need business car insurance, which will be required for proper protection on the roads if you are driving to multiple places of work.

Of course, you are just as at risk of injury as your clients. That’s why many yoga insurance packages also include personal accident cover. This can help with lost income and medical costs if you were to get hurt, be it at work or elsewhere.

What does yoga insurance cover?

Below we detail what policies are typically included in yoga insurance, and what might not be covered in your package.

While what is included will vary from provider to provider, most yoga insurance packages tend to cover:

• public liability insurance
• professional indemnity insurance
• employers’ liability insurance
• equipment insurance
• personal accident insurance

Many of these policies also apply to other similar professions, such as personal trainers and fitness instructors.

» COMPARE: Fitness instructor insurance

What is usually not included in yoga insurance?

What is not included in your package is often simply down to what you choose to pay for, or not pay for.

Say you decided not to bother with professional indemnity insurance, and a student decides that the yoga plan you created for them hasn’t produced the desired results. If they make a claim against you, you could be left paying for any legal fees and compensation costs out of your own pocket.

You should also be aware that you won’t be able to make an equipment insurance claim for general wear and tear.

Your equipment insurance, or business buildings and contents insurance, may also be void if you haven’t followed the proper security measures, and try to make a claim related to stolen property.

How much does yoga insurance cost?

The cost of yoga insurance can be as flexible as your top student. What this means is that the price of your premium will vary depending on the size and specifics of your business. This may include:

• how many policies you choose to take out
• the level of coverage you want from each policy
• the number of employees you have
• where your business is located
• how many years of experience you have as a yoga instructor
• whether you are self-employed or run a limited company