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Tai Chi is a popular activity in the USA. Similar to yoga, it improves mobility, muscle strength, and mental health.
As a Tai Chi instructor, it's important to understand the importance of Tai Chi insurance. Tai Chi can become a perilous fitness activity when done wrong. This type of insurance policy provides protection for you and your clients in case of accidents or injuries that may occur.
Without adequate insurance coverage, you may be held personally responsible for any damages or injuries. Your Tai Chi gym and equipment might also get damaged. These can be financially devastating, which is why it's important to invest in Tai Chi instructor insurance.
|CoverWallet||NEXT (Best)||Thimble||Hiscox||The Hartford|
|Per occurrence limit||$1,000,000||$1,000,000||$1,000,000/$2,000,000||$2,000,000||$1,000,000/$2,000,000|
|Products and completed operations aggregate limit||$2,000,000||$1,000,000||$2,000,000||$1,000,000||$1,000,000|
|Advertising injury coverage aggregate limit||$1,000,000||$1,000,000||$2,000,000||$1,000,000||$1,000,000|
|Tenant’s legal liability coverage limit|
|Waiver of subrogation included?||Yes||No||Included||Can be included||No|
|Hired/non-owned auto liability coverage included?||Yes||No||No||Can be included||Can be included|
|Equipment breakdown floater included?||No||Yes||Yes||Can be included||Can be included|
|Can you get a certificate of insurance online?||Yes||Yes||Yes||Yes||Yes|
|Name additional insureds?||Yes||Yes||Yes||Yes||Yes|
It's crucial for Tai Chi instructors to safeguard themselves and their business against possible legal actions or demands that may emerge due to mishaps or harm caused during their classes or gatherings. General liability insurance for Tai Chi instructors can provide coverage for these risks:
Bodily injury–If someone is injured during your class or event, this coverage can help pay for medical expenses, legal fees, and other related costs.
Property damage–If you or one of your students accidentally damages someone else's property during a class or event, this coverage can help cover the costs of repairs or replacement
Personal injury–If someone claims that you or your business committed libel or slander, this coverage can help protect you
Coverage limits of this Tai Chi liability insurance can vary depending on the insurance provider and the specific policy. Nonetheless, expect your general liability policy to have a $1 million-$2 million minimum per occurrence and aggregate limit.
A student slips and falls during a class, resulting in injuries that require medical attention
You accidentally knock over a valuable piece of artwork while setting up for a class, causing damage
You accidentally hit a student while demonstrating a routine
A student accuses you of making false statements that harm their reputation
HNOA coverage–This add-on allows general liability to cover accidents caused by a vehicle you hired or borrowed
Participant coverage–This provides coverage for injuries or damages that may be caused by one of your students to another student during a class or event
Yes, even if you have a waiver for your students to sign, general liability insurance is still important. A waiver can help protect you in some situations, but it may not cover all potential risks and may not hold up in court. General liability insurance provides an additional layer of protection for you and your business.
|CoverWallet||NEXT||Thimble (Best)||Hiscox||The Hartford|
|Per occurrence limit||$1,000,000||$1,000,000||$1,000,000/$2,000,000||$1,000,000||$1,000,000|
|Name additional insureds?||Yes||Yes||Yes||Yes||Yes|
|Waiver of subrogation included?||Yes||No||Yes||Can be included||No|
|HIPAA coverage included?||No||No||No||No||No|
|Sexual misconduct coverage included?||No||No||No||No||Can be included|
|License defense coverage included?||No||No||No||No||Can be included|
Professional liability insurance, also known as errors and omissions insurance, protects Tai Chi instructors against liabilities that result from the professional services they provide. It provides coverage for claims arising from negligence, mistakes, or failure to deliver services that meet the expectations of their clients.
Professional liability insurance for Tai Chi Instructors typically provides coverage limits ranging from $100,000 to $2,000,000. The limit varies depending on the risk exposure of the Tai Chi instructor and the nature of their business.
A student gets hurt during a class due to your failure to properly supervise
A routine was too difficult. This in turn caused some students to sustain injuries
You failed to show up for a Tai Chi event. The organizers have to hire another instructor. They then sued you for financial losses
Abuse and molestation coverage–Abuse and molestation coverage can be added to professional liability insurance so that it covers claims for assault, sexual harassment, verbal abuse, and other offenses
Public liability insurance (PLI) is an insurance policy that protects Tai Chi instructors from claims made by third parties for injury or property damage caused during classes or events. This policy works similarly to general liability insurance. But note that coverage for reputational harm and advertising injuries is excluded.
The coverage limits vary depending on the policy chosen by the instructor. The limits usually range from $1 million to $5 million.
Public liability insurance covers third-party claims for injury or property damage, while professional liability insurance covers claims of professional negligence or errors and omissions. The former is more focused on accidents or incidents that occur during classes or events, while the latter is more focused on the instructor's professional conduct.