Martial Arts Schools and Studios
Specialty Accident & Liability Insurance Coverage
Martial Arts allows students both young and old to learn self defense, discipline, enlightenment, coordination as well as many other qualities. Participation though, may also result in accident and injury. Many families have little or no medical insurance, and those who have coverage may be required to meet large deductibles before their insurance pays any benefits. In addition, studio owners run the risk of personal exposure to lawsuits through a participant’s injury claim and liability insurance requirements mandated by lenders or landlords.
The Accident Coverage
$100,000 Benefit – Pays the medical bills of an injured student or staff member. Medical Expense Benefit up to the $100,000 limit with $250.00 deductible.
The Liability Coverage
$1,000,000 which protects you in the event of a lawsuit or property damage. Up to 3additional insureds such as landlords or venues may be added at no additional charge.
Optional coverages listed below.
The Accident Coverage
(Pays the medical bills of an injured student or staff member)
Medical Expense Benefit
If the Covered Person incurs eligible expenses as the direct result of a covered injury and independent of all other causes, the Company will pay the charges incurred for such expense within 365 days, beginning on the date of accident. Payment will be made for eligible expenses in excess of the applicable $250 Deductible Amount, not to exceed the Maximum Medical Benefit.
The first such expense must be incurred within 90 days after the date of the accident.
“Eligible expense” means charges for the following necessary treatment and service, not to exceed the usual and customary charges in the area where provided.
Medical and surgical care by a physician
Prescription drugs and medicines
Dental treatment of sound natural teeth
Hospital care and service in semiprivate accommodations, or as an outpatient
Ambulance service from the scene of the accident to the nearest hospital
Orthopedic appliances necessary to promote healing
Excess coverage: This plan does not cover treatment or service for which benefits are payable or service is available under any other insurance or medical service plan available to the Covered Person.
Accidental Death and Dismemberment Benefit
Principal Sum is $100,000 with a $500,000 aggregate. If a covered injury results in any of the losses specified below within 365 days of the date of the accident, the Company will pay the applicable amount:
Full Principal Sum for loss of life, double dismemberment or quadriplegia
Full Principal Sum for loss of sight, loss of hearing, or loss of speech that is irrecoverable by natural, surgical or artificial means.
50% of the Principal Sum for loss of one arm, one leg, one hand, or one foot. Loss of hand or foot means complete severance above the wrist or ankle joint. Loss of eye means the total, permanent loss of sight.
50% of the Principal Sum for paraplegia or hemiplegia
50% of the Principal Sum as a monthly benefit for Coma
25% of the Principal Sum for loss of index finger and thumb of same hand or four fingers of the same hand
We will not pay more than the Principal Sum for this benefit for all losses due to the same accident.
The Liability Coverage
(Protects you in the event of a lawsuit or property damage)
Who Is Covered
This $1,000,000 occurrence form general liability program provides protection for your Martial Arts Studio, owners, directors, instructors, and employees against claims of bodily injury liability, property damage liability, personal and advertising injury liability, and the litigation costs to defend against such claims. There is no deductible amount for this coverage. Coverage is offered through the Sports and Recreation Providers Purchasing Group, pursuant to the Federal Risk Retention Act of 1986.
Coverage includes suits arising out of:
Injury or death of participants
Injury or death of spectators
Injury or death of volunteers
Property damage liability
Host liquor liability (nonprofit)
General negligence claims
All activities necessary or incidental to conduct of activities
Cost of investigation and defense of claims, even if groundless
Ownership, use, or maintenance of gyms, fields, or practice areas
Up to 3 additional Insureds such as landlords or venues may be added at no additional charge. Staff members are included for no extra charge. Please note that independent contractors are not considered staff, however they may be added for an additional premium under optional coverages. Note: Certain exclusions and limitations may be modified to meet individual state requirements.
The Optional Coverages
Independent contractors working at your studio can be added as additional insured to cover them while they are instructing at your facility only.
This Inland Marine insurance product provides coverage for your equipment and contents up to the specified limit. Equipment coverage (optional) is provided by Atlantic Specialty Insurance Company, “A” (Excellent) rated by A.M. Best Company.
Hired and Non-Owned Automobile Liability Coverage
This liability coverage provides protection for rented, borrowed and other non-owned vehicles driven on martial arts school or studio business.
Excess Liability Coverage
This coverage provides additional liability limits increasing the liability coverage per each occurrence.
This option increases the aggregate limit of liability insurance from $1,000,000 to larger amounts.
Sexual Abuse and Molestation
Liability coverage is provided for claims arising out of alleged sexual abuse and/or molestation.
$5,000 Medical Expense Benefit
This coverage will reimburse an injured spectator or guest for medical and/or funeral expenses incurred as a result of bodily injury or death, regardless of whether you are liable or not.
Tournaments, Seminars or Camps
This optional coverage provides protection for your events. Tournament, seminar or camp coverage can be purchased with your annual school policy or during the policy term using a “Manage My Tournaments, Seminars & Camps” link provided with your policy receipt email.
The General Liability and Accident coverage are provided by U.S. Fire Insurance Company, “A” (Excellent) rated by A.M. Best Company.
For Questions: Martial Arts Group 1-800-207-6603 [email protected]