Investing in Kung Fu Insurance for one’s martial arts institutions is crucial as many things might go wrong in martial arts, people could certainly slip, people could possibly fall, and this is able to bring either lawsuits, which often can injure your own school financially, and bad publicity, which may injure a person’s school’s image and injure you on a financial basis as well. You don’t want lawsuits to go forward and get into community media such as newspapers and radio/television reports. For this reason it cannot be overemphasized to determine the proper Kung Fu Insurance, as this can save your business from fiscal issues that result from injuries at your institution.
The sort of liability for Kung Fu Insurance which is usually offered to martial arts schools is actually unusable in many circumstances. In the example of a student getting hurt engaging in martial arts training, only Kung Fu Insurance can safeguard the school from “participant liability”. In the event a student were to sue you while participating in instruction, normal liability for Kung Fu Insurance would be not able to save you from a harmful legal action. All of the work and countless hours dedicated to building your school could be shattered merely by just one legal action should you not have Kung Fu Insurance.
Martial arts instructors spend time to teach their students how to proceed in the case that they have to protect themselves. Though instructors teach with regards to defense, they should be cautious that they themselves do not open themselves up, helpless, to a legal action which can smash their livelihood. A person shouldn’t risk your job and wish that nobody gets injured in a type of pastime that makes it probable that accidents will eventually occur. The only way to entirely guard oneself would be to buy Kung Fu Insurance.
A lawsuit coming from a student could result in you surrendering every little thing you have labored for. Your whole business and destiny could be demolished nearly instantly. There is no valid reason for you to take a real potential risk even though don’t need to. When you select Kung Fu Insurance such as Martial Arts Group, you permit yourself to live secure from the liability of accidental injuries and protect exactly what is important to you personally. Whenever you make your school a comfortable environment and use the correct insurance, you’ll be doing the very best you are able to create a long lasting and prosperous martial arts business.
FAQs About Our Martial Arts Insurance Company
Why Do Martial Arts Schools Need Insurance Coverage?
A martial arts school is unique, and it’s crucial to find affordable martial arts liability insurance coverage options. It’s not easy to run a martial arts studio. Your goal is to make a profit, but you must also protect and keep your students safe.
Martial arts general liability insurance from IGOMAG can:
• Offer insurance coverage that meets your needs
• Has extensive experience dealing with youth-related claims
• Features proactive resources to help reduce accidents
What Types of Martial Arts Liability Insurance Coverage Are Available for My Martial Arts Studio?
Everyone who owns a martial arts business requires martial arts insurance; it’s a matter of finding what’s right for you.
Our martial arts insurance coverage offers protection with regular business insurance, general liability insurance, martial arts instructor insurance, and much more. Here are the options:
General Liability
Getting a martial arts insurance policy with general liability protects you if you’re sued by someone claiming you caused damage to their property or a physical injury.
Martial Arts Instructor Insurance
Whether you’re the teacher or owner, you require martial arts instructor insurance to protect your staff from lawsuits. Typically, martial arts instructors will get this through you, which covers workers’ compensation, accidents that lead to property damage or physical injury, and repairs and replacements of property you rent.
Accident Medical Insurance
Accident medical insurance will cover a student’s medical bills if they’re hurt at the school or during sponsored activities and don’t have insurance themselves. This is common for most mixed martial arts studios.
How Much Will Martial Arts Instructor Insurance Cost Me?
The price you pay for martial arts insurance depends on various factors, such as the location of the martial arts school, the martial arts styles you offer, and the number of employees you have.
It’s typically hard for us to say what you’d pay in insurance for martial arts without getting more information from you. However, it’s easy to request a quote by calling 800-207-6603 or emailing [email protected].
Could I Add Additional Insurance as Needed?
Yes! If you own a martial arts school, we understand that things will change as time goes on and you grow/expand. Therefore, you might start with general liability and move on to martial arts instructor insurance. You may also decide you need more or less coverage.
Do I Need a Certificate to Get Martial Arts Instructor Insurance?
Yes, you require a four-year degree in any health/fitness field or be certified as a personal trainer to be eligible for insurance for martial arts.
When Do I Receive My Certificate of Insurance?
The first step is to get an insurance quote for your martial arts school. You’ll complete our application process, be approved for coverage, and receive your certificates of insurance (COI) to your mobile device or email address. Then, you may print it out or keep it on file.
Do My Martial Arts Instructors Require Their Own Insurance if I Have Business Insurance?
Yes, even if the owner has business insurance, each instructor requires their own policy. They should understand what it includes, such as medical payments, payments for bodily injury, professional liability coverage, defense costs, and much more.
You don’t want to deal with the financial and emotional burden of paying for someone’s injury or property damage because you, as a martial arts instructor at a school, didn’t get the right insurance coverage.
Whether you teach private lessons or work as a contractor in other organizations, you want to reduce your risk of bodily injury liability claims as a martial arts instructor. We can help you do that.
I Don't Understand Liability Insurance. Can You Help Me?
Yes! Kung fu and karate insurance products are there to protect your business income from lawsuits if someone files a claim saying you injured them or damaged their property. We realize this can be confusing. Please email [email protected] or call 800-207-6603 to learn more about our services and how we can protect you.
What Does Kung Fu Insurance Cover?
Usually, martial arts insurance policies offer professional and general liability coverage. This provides protection against property damage, bodily injury, and personal injury claims caused by instructors and students. Likewise, property insurance can help protect equipment and dojos against vandalism, theft, and other damages.