For many yoga teachers, our practice is our life. Naturally, you’ll want to make the most of it.
If you’re a practicing yoga instructor, you likely already know the importance of maintaining your yoga insurance coverage. After all, though yoga is a fantastic practice for both mind and body, it isn’t completely without risk.
Yoga Teachers – Here’s Why You Should Have Insurance
What many might not know, including the most experienced instructors, is that yoga teacher insurance holds more advantages than simple protection against injury-related lawsuits.
Read on to learn more!
5 Unexpected Advantages of Yoga Teacher Insurance:
1. Protects Equipment and Teachers
Starting a business isn’t easy. It takes a great deal of faith and risk as you invest your own money in mats, rollers, bands and in many cases, expensive equipment for online classes.
If you find yourself in the unfortunate situation of finding your equipment misused, broken or even stolen, don’t fear! With coverage from quality yoga teacher insurance, you’ll have the funds you need to replace what’s been broken or missing.
While not every yoga teacher insurance policy includes protection for stolen equipment, select ones, like beYogi, does. They have policies with coverage for up to $1,000 of equipment loss!
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With yoga teacher insurance, you can take a bit of risk away by ensuring that when you buy equipment, you’ll be able to use it for years to come and can keep your practice afloat should something happen.
2. Covers Unconventional Lawsuits
Whether you are facing a lawsuit due to violation of privacy, malpractice, slip and fall or any number of cases you likely never even expected, comprehensive coverage from a quality professional yoga teacher insurance provider has your back.
First and foremost, a quality yoga teacher insurance should cover you for:
- Rental damages
- Product liability
- Accidental slips and falls
Unfortunately, despite your best efforts, miscommunication and accidents do happen, so we also recommend looking for an insurance provider that offers added protections around unconventional lawsuits, like identity fraud coverage.
Imagine this: you work for years to build your growing practice. Because we live in the age of social media, this involves plenty of online work, building a platform, designing a website and staying up-to-date on the latest trends.
Through effort, exposure and vulnerability, you’re able to fully present your online image and build up a clientele.
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However, at some point along the way, your business becomes compromised. In the mildest form, this may mean dealing with an unhappy student. In the worst-case scenario, this can lead to cases of stalking, stolen money or even slander.
As a yoga instructor, your number one priority is the health and wellness of your students, and without the proper coverage, this disaster could be enough to stop your business in its tracks.
Our exclusive partners at beYogi provide up to $25,000 in identity coverage, protecting you from any violations of sensitive privacy, so it’s nothing more than a temporary roadblock.
3. Save Money in the Long Run
Yoga may be a low-impact activity compared to other activities, but it is still an incredibly physical one. As such, it is not uncommon to find one of your students suffering injury from improper stretching, a quick movement or pushing too hard.
Recent studies show yoga can be more dangerous than assumed, especially for those suffering from pre-existing injuries without the proper instruction.
According to one study, improper form can lead to pain in ten percent of yoga practitioners, and the rate is even higher for yoga students who have suffered any previous injury.
Yoga teacher insurance holds more advantages than simple protection against injury-related lawsuits.
While the same study showed an even greater percentage of people experienced positive effects from a regular yoga practice, the idea of that slim margin blaming you for their pain can be a scary one.
Life is certainly not without risk, and eventually, accidents will happen. However, yoga teacher insurance policies can help you mitigate risks and reduce lawsuit costs. Do your research and seek a quality yoga insurance policy to cover pricy lawsuits.
4. Potential Business Help
Practicing yoga requires little more than curiosity and mindfulness. Teaching yoga requires drive, passion and a hunger to learn more about your craft. Building a business, however, requires focus and drive on a whole different level.
The skills required to grow a business have little overlap with the relaxed mindfulness of most yoga practices, but luckily, beYogi can help. As a part of your regular yoga insurance, their policies include the educational support to build an online platform.
In addition to website design, you’ll be able to draw information from experts all over the world, expanding on your professional knowledge and growing your craft.
With full coverage from a professional yoga teacher insurance provider, you’ll gain more than just accident coverage; you’ll gain access to an entire world of professionals just like you, dedicated to growing their business and spreading their passion to others.
5. Reduces Anxiety
Of all the unexpected advantages yoga teacher insurance can provide, the greatest is likely peace of mind.
We get it: operating a yoga business is exciting and hard.
You must learn to balance books, manage the schedule and pay related business fees, all while growing your own teacher skills. As your business grows, so do the potential stressors: advertising services, managing employees and finding larger venues for events.
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A comprehensive insurance policy will provide enough coverage so you can relax and take a breather.
Yoga teachers know stress can affect everything from your mood to your physical health. While daily mindfulness through your yoga practice is a great way to reduce the daily stress of running a practice, yoga teacher insurance is an easy way to remove some of this anxiety.
Yoga Teacher Insurance: Final Thoughts
With a high-quality yoga teacher insurance plan, you will have peace of mind and protection.
We’ve done the research and beYogi liability insurance carries the best benefits for the lowest prices around (especially with the YogiApproved.com exclusive rate).
Enjoy coverage for nearly every form of yoga and all related practices, all for less than fifteen dollars a month. Take advantage of everything beYogi has to offer, including website design and protection for nearly any disaster imaginable.
beYogi takes pride in helping yoga instructors grow within their chosen niche. As such, we source articles from experts all over in order to help our clients become the best versions of themselves possible.
Check out our blog to learn more about the latest teaching practices, business strategies and more!