What is the Best Business Insurance for In-Person Instructor and Online Personal Trainer In Canada?
Working as a personal fitness, yoga practitioner, kickboxing coach or physical trainer can be very rewarding – and if you are planning out your goals and business objectives for the next 12 months you may be googling “Best personal training business insurance online in Canada?” We understand that what it takes to manage the health and fitness business-related risks as well as where to go to get your fitness company ALIGNED with coverage that will fit perfectly.
To help you focus on your fitness company business, we’ve simplified the insurance process and made it easy to get an online quote right here on our website. With your answers to a few questions about your fitness company, we will line up an online insurance quote that will address your specific questions related to “Best personal training business insurance online in Canada?“
Insuring Online Personal Training Sessions
In order for your Personal Training business to survive, it may be necessary for you to train clients remotely. Going digital with your training sessions is a great business strategy, especially in this day and age.
Unfortunately, while face-to-face sessions and classes have the potential for client injury, virtual sessions mean a higher risk of injury.
The reality is, you have less control over a client’s form during a virtual session. It’s also harder for you to gauge a client’s breathing and his/her comfort level with the intensity of an exercise. This is especially true with new clients that you haven’t met in person.
There is also the possibility that your client injures him/herself while splitting focus between what they’re doing and looking at or speaking into their laptop, tablet or phone.
The increased risk of injury with an online personal training session can be offset with a Commercial General Liability policy. If a client injures him/herself during an online training session and decides to sue you for damages, a Commercial General Liability policy can cover you for:
- Legal fees
- Awards for damages
This kind of protection could very well save the business you worked so hard to build up and maybe even save you from bankruptcy.
Where You Conduct Your Sessions Matters
If you’re training clients online while in your home, you’re basically running a home business. Chances are you have home insurance to protect your home and valuables in case the worst happens. But what about your business equipment? The equipment you use to train clients online may not be covered if it’s determined that you’re operating a business out of your home. That equipment can include:
- Weights, benches, and other fitness equipment
- Webcams and camcorders, modems and routers
- Laptops, cell phones and tablets
- Desks, filing cabinets and office supplies
Having Commercial Property insurance as a Personal Trainer allows you to focus on training your clients virtually where it’s most convenient for you. Meanwhile, the equipment you invested so much money into and rely on for your online training sessions is protected.
Cyber Liability Insurance to Protect Your Online Training Business
Convenience is often the difference that makes someone choose one app or service over the other. Paying for the service is a part of that convenience. You may or may not have payment processing set up on your website or app. Either way, having Cyber Liability insurance for your online Personal Training business is a must. We’ve seen a major increase in the number of cyberattacks on small and medium-sized businesses, and not just on businesses with online payment forms. Denial of service attacks, ransomware attacks, and trojan horses are just the tip of the iceberg. Cyber Liability insurance for Personal Trainers can protect you from the costs of a cyberattack such as:
- Data recovery
- Client notifications if their personal information was exposed
- Hardware repair or replacement
- Ransomware fees
- Legal fees
- Reputation management fees
These days, if you’re running any part of your business online, Cyber Liability insurance is just a cost of doing business.
Get Results Now. Get ALIGNED With The Best Personal Training Insurance Online In Canada.
You don’t have to stretch your budget to incorporate liability insurance into your business plan. As the owner/operator of a health or fitness company, knowing that someone is spotting your exposures upfront is important. To get the online quote process started with us, all you need to do is address some foundational questions about your fitness company business, including:
- Describe the type of fitness services your business provides.
- Where is your fitness company located?
- Describe any online services your company provides to clients.
- List the professional certifications you and your employees have.
- Describe the biggest potential liability exposures that your fitness company faces.
- Detail any losses that your fitness company has experienced.
- What are the current values of your fitness company’s property? Inventory? Assets?
As experts in getting Canadian businesses ALIGNED with commercial insurance solutions, our insurance brokers will assess your needs and connect you with the best options. Some fitness company released liability coverages that you may want to consider include:
- Commercial General Liability
- Commercial Property
- Employee Theft
- Employment Practices Liability
- Auto Insurance
- Accounts Receivable
- Business Interruption
What is personal trainer insurance?
Personal Trainer Insurance is coverage designed to protect you as a trainer against the potential risks involved in training clients, either virtually or in person. These days, many forms of personal training have moved online, and insurance packages can be customized to suit a variety of business scenarios. Personal Trainer Insurance is designed to suit you, no matter what type of personal training you do. There are specific risks associated with training clients in any type of fitness regime and you can face allegations of liability due to negligence or substandard instruction. Insurance for personal trainers protects you and your business against claims brought against you alleging malpractice. Having coverage in place means you will not have to pay out of pocket if a claim does not go in your favour and allows you to avoid bankruptcy.
Will my home insurance cover my training classes at my home-based gym?
Many fitness trainers have made the move to online instruction in recent times and this is becoming more and more mainstream. Many personal trainers assume their home insurance covers their business as well, but that is not usually the case. At-home instruction, while convenient for everyone, does present its own particular risks because you can’t see your students in order to correct them and prevent injuries. Insurance is all the more necessary, but home insurance policies do not cover a home-based business. In fact, many home insurance policies become invalidated if you do not report business use of home.
You require Commercial General Liability coverage, as well as Professional Liability or Errors and Omissions coverage to operate an at-home gym. Speak to an ALIGNED Insurance professional today to understand your unique coverage options.
How much does personal trainer insurance cost?
As an individual personal trainer, there are a few factors that will determine the cost of your insurance coverage. Insurance agents will gather information about you and your particular situation, including information about specifically what services you provide, your claims history, the number of staff you employ (if any), your training and certifications, and the amount of revenue you generate. Normally, this type of coverage will range between $300-500 per year depending on your unique business characteristics and level of risk.
If you want to know what is the best personal training business insurance online in Canada our experienced commercial insurance brokers are here to help you to determine the types of coverage you need most.