PUBLIC / PRODUCTS LIABILITY Most people feel this insurance is the first line of defence for their business when this is not true. Applying the appropriate risk management strategies and polices to prevent an incident is the first thing to secure. Next is using an appropriately worded waiver form which can strengthening your defence in a claim.
What level of liability do you need?
There are industry standards that professional bodies will recommend, but ultimately you will make that decision on the level of cover you require. The venue / landlord may specify a minimum limit of 10mil or 20mil Public Liability. About 20% of the fitness / martial arts industries end up with the higher cover. You may pay around 25% more for the 20mil cover.
A lot of martial arts schools have included a small gym area with some opting to have a much bigger space. It is important to know the insurance risk on martial arts activities is different to the operations of a full or hybrid gym set up. It is essential to let the broker know what that percentage of space is allocated to each activity to provide the most appropriate policy.
Public Liability comes with
Professional Indemnity / Civil Liability
Business Owners generally just take up Public and Products Liability (cover limits from $1mil - $20mil) with $10mil being the industry standard. We find that larger schools with multiple branches and staff, along with associations often include Management Liability to protect staff / directors on an individual basis. This is being taken up more often, especially as more business owners realise, the potential gap in their overall company operations and as the price is now very reasonable to add it on.
CODE OF PRACTICE - BUSINESS OBLIGATION School / gym owners have a moral, ethical and legal obligation to operate around the industry standards (a combination of business / coaching / legal compliance). As in many industries some operators may choose to just do their own thing without regard for these standards. This of course reflects in a negative manner on those that do the right thing and the industry itself.
Instructors / coaches give advice / direction on how to train, they match students together / set up scenarios and sometimes they get it wrong. Sometimes an incident happens, another time it could be the student not following the direction of the teacher.
What about -
Personal Injury / Income Protection
Fitness / Health Clubs Fitness Studios and Gyms can obtain both the general operations insurances such as – public, products, management and civil (professional indemnity) with their property, contents, glass, burglary and business interruption.
Some Gyms have actually incorporated martial arts classes and other activities (not just group fitness elements) which have created some confusion in whether they are covered. The martial arts section has either not been covered at all, or owners have had to source a second policy specifically for it. If the gym can segregate the martial arts classes under a separate membership and specific location, it can work with a separate policy. There are however grey areas in coverage with gym members dropping into martial arts classes, but this can be all eliminated with one unique combined policy that we can source for you.
There is an insurance solution that incorporates the activities of a gym / health club and a martial arts academy with liability / property / contents all through the one company.
Individual martial arts schools and associations can arrange an individual club or multi branch package. The same goes for gym chains, they can negotiate a group package that covers all the facilities. Unsupervised training / workouts right up to 24/7 gyms, need to conform with the industry standards for security and safety of members. Not sure what's required, ask one of our brokers.
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Martial Arts Australia Insurance Services ABN:31632785329
AR 001283262 Corporate Authorised Representative of
United Insurance Group Pty Ltd ABN 31 131 564 522
Australian Financial Services License: AFSL 327131
Suite 306, 365 Lt Collins Street Melbourne Vic 3000
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Office: Unit 6 / 12 Henderson Road Knoxfield, VIC
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03 8201 9908
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Martial Arts Insurance: Melbourne, Sydney, Brisbane, Perth, Adelaide, Canberra, Tasmania, Darwin.
Gym / Fitness Insurance: Brisbane, Perth, Adelaide, Canberra, Melbourne, Sydney, Darwin, Tasmania.
Insurance options for Yoga / Pilates / Fitness Studio or Gym (24/7), Health, Indoor Rock Climbing / Bouldering ++
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For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from the links above:
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