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type Limits Price Yoga Instructors $500k Occurence / $1.5M Aggregate
$136
Yoga Instructors $1M Occurence / $3M Aggregate
$171
Yoga Instructors $2M Occurence / $4M Aggregate
$195
Additional insureds Up to 4 Free
Other modalities are also Eligible for this Program!
What is the cost of Individual Instructors Insurance?
An Individual Instructor Policy provides coverage for you at the various locations where you teach. A Studio Policy provides coverage for the studio including coverage for the actions of instructors on behalf of the studio.
What is the difference between a Yoga Studio Insurance Policy and an Individual Yoga Instructor Policy?
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For a Studio there are financing and or payment plans available.
For an Individual Policy there are no installment plans available given the low yearly premium.
Are there payment or installment plans available?
No, you can add up to 4 Additional Insureds to your policy for free.
Is there a fee to add an Additional Insured to my policy?
A Certificate Holder is someone who is provided with a summary of your insurance coverage and notified in a timely manner if you cancel your coverage. An Additional Insured is an entity or individual who is afforded coverage on your policy in the event that you have a claim and they are also brought into the claim. The Additional Insured is able to seek protection and defense under your policy limits. Please note that this could drain or reduce your policy limits.
What is the difference between a Certificate Holder and a certificate holder who requires to be listed as an Additional Insured?
We recommend you purchase the highest limit of coverage available ($2 million each occurrence / $4 million aggregate). However, if cost is a factor lower limits are available starting at $500,000 each occurrence / $1.5 million aggregate).
The limit of coverage is the most that will be paid including defense costs in the event you have a covered claim for general and or professional liability. This means if you are sued by a client you will have coverage up to the limit of coverage you select. If you are sued for more and found liable, you could be underinsured and a personal lien or judgment could be filed against you.
What limit of coverage should I choose and what does the limit mean?
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Once the carrier receives your application and payment, and approves your application ,you will receive your new policy documents and certificate of insurance via email, and or regular mail, and your coverage will be in force on your requested effective date.
How soon will I get my new policy declarations and certificate of insurance once I submit my application and payment?
No, your policy will not automatically renew. Prior to your renewal date (policies are one year in length) you will receive a notice directly from the carrier to renew and/or we will contact you with a reminder. Once we receive your renewal premium payment we will process your renewal policy and certificate of insurance.
Is Acro-Yoga a covered modality by this policy? No, but we have a supplemental policy that is available to cover Acro-Yoga. Most carriers do not cover Acro-Yoga, but we have a solution to this gap in your coverage. Please call, or email us, to obtain a quote.
Will my policy automatically renew?
Please fill out the carrier’s secure application and after completion, you will receive an email confirmation.
What is the application process?
Coverage is bound and in force on your requested effective date once the carrier receives your application, payment, and approves your application. You will receive an email confirmation when you submit your application, and you can elect to receive your new policy by email and or regular mail.
Is coverage bound when I submit my application?
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An Individual Policy is fully earned so there is no refund available. Your policy will remain in force for a yearly term, but it will not renew automatically.
Can I cancel my policy mid-term and obtain a refund?
Please e-mail us at info@YogiChuck.com or call us at 610-446-5059 and ask for Todd Hall or Chuck Peterson and we will send you a new certificate of insurance as soon as possible. If your client or studio requires proof of coverage please let us know and we will send them one on your behalf right away.
If I need a new certificate of insurance for a client or studio where I teach whom should I contact?
Please call our office at 1-610-446-5059 or Markel Claims by calling 800-362-7535 or emailing newclaims@markelcorp.com to report the event as soon as possible, and we will walk you through the process.
What if I have a claim or think there is the potential for a possible claim?
No, the carrier offers an individual policy and each licensed practitioner must purchase their own policy. However, you can add employees to your policy. The application will walk you through the process if applicable.
Studio policies afford protection for the studio regarding the actions of instructors working for the studio, although we advise that independent contractors obtain their own individual policy.
Can I add my spouse or another instructor to my policy?
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Policy follows the instructor anywhere they teach in the USA and internationally for short business trips that do not exceed a short trip as defined by the carrier.
Where is an instructor covered?
Please e-mail us at info@YogiChuck.com to obtain sample waiver. Please consult your attorney for all legal advice, and to review your waiver and customize it to your individual needs, and your resident state's laws.
Do you have a sample waiver form?
We do not acquire any more client information than is required by the carrier for the application for coverage or is required to provide superior service.
Acquisition of Information?
We are extremely sensitive about the privacy of our clients and take this responsibility seriously. Please ask us about our privacy policy if you have additional questions. We have trained our employees to uphold our privacy policies. They have access only to the information about our clients this is required to perform their jobs effectively.
What is your privacy policy?
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Yes, please visit our resources page and click the E-Health Insurance link to obtain a competitive quote for your desired price-point.
Do you offer health coverage?
No, since the policy is designed to cover the policyholder in all 50 states, it is not necessary to provide a list of locations.
Do I need to list the facilities where I instruct?
No, you do not need more than one policy. This policy is designed to cover several modalities of instruction for licensed instructors. Please let us know what modalities you are instructing.
What if I am a trainer, a dance instructor, Pilates instructor, yoga instructor, meditation instructor, and or aerobics instructor, do I need several policies?
No, if you open a studio you need to obtain a studio policy. Please refer to our Business Application/Request for Information to obtain a quote for studio coverage.
Will this policy cover me if I open a studio? How do I apply for a business policy?
No, this policy does not cover you if you get injured on the job. This is a liability policy that protects you from claims brought against you or your business for bodily injury or property damage arising from negligence. Please contact us for information on workers compensation insurance, disability insurance, health care coverage, and or international medical insurance.
Does this policy cover me if I get injured?
