Martial arts, such as Jiu Jitsu, Karate, and Tae Kwon Do, are contact sports. Students sparring with one another may sustain an injury that may affect their quality of life. Martial arts schools with no or adequate insurance coverage are at risk of incurring substantial financial loss, especially if their staff or students get hurt during a class session.
Prevent this from happening by securing medical and accident insurance from Martial Arts Group Insurance. This optional coverage in the liability insurance policy pays for the medical costs of a physically injured instructor, employee, or student. The maximum insurance benefit amount is $100,000.
Two Main Areas of Coverage
Our insurance policy comes with a medical expense benefit, which comes with a $250 deductible amount. This covers necessary medical and surgical procedures, including ambulance services, x-rays, dental treatment for oral injuries, and prescription medications.
This insurance policy also has accidental dismemberment and death benefits with a coverage amount of $100,000 and an aggregate limit of $500,000. We pay the following applicable amount for these situations:
- Full Principal Sum: Death, Double Dismemberment, Quadriplegia (Paralysis of All Four Limbs), Loss of Speech, Hearing, and Sight
- Half of the Principal Amount: Loss of One of the Following: Eye, Arm, Leg, Hand, and Foot, Paraplegia (Impairment of the Lower Extremities, and Coma (Provided as a Monthly Benefit)
- A Quarter of the Principal Sum: Loss of Four Fingers (Same Hand), Index Finger, and Thumb
Why Purchase Medical and Accident Insurance
This form of insurance allows you to show the injured individual that you care about his/her health and well-being. Think of this coverage as a goodwill gesture. By paying for the medical expenses an injured student or staff member, you may be able to parry lawsuits directed at your martial arts school. Since they don’t need to worry about how to pay for medical treatment, the injured staff or student can fully concentrate on getting better.
Get Your Coverage from Us
We’ve been providing martial arts instructor insurance policies to more than 10,000 schools for at least three decades. Our company delivers superior customer service by taking note of your insurance-related concerns and suggesting a policy (and optional coverage) that satisfies the needs of your school or studio.