Insurance for Martial Art Teachers

Why do martial arts teachers need it?

Whether its kickboxing in a martial arts studio or Tai Chi in a public park, teaching martial arts to students of all ages and fitness levels brings with it a certain degree of risk. Your students entrust you with their wellbeing and safety, and you have a duty of care to ensure their expectations are met. So, if something goes wrong, or is even perceived to go wrong, guess who will get the blame? That’s right. You.

That’s why as a martial arts teacher, making sure you have the right insurance in place to protect your business is one of the most important decisions you will need to make to keep your business fighting fit. And fortunately, there are a variety of different insurance products designed to make sure you can perform your classes with a totally zen mind.

It’s important to note that most employers, including gyms and studios, require you to have your own insurance policy in place, and is also usually a prerequisite for obtaining a council permit to be able to work in public outdoor spaces.

Insurance for martial arts teachers

Professional Indemnity Insurance*

However careful you may be there is always the unfortunate chance that things don’t go quite to plan – mistakes happen and accusations can be made. For instance, providing incorrect or misleading advice could lead to action being taken against you if one of your clients suffers a loss as a result.

Having Professional Indemnity insurance can protect you and your business against claims made against you for negligence by way of act, error, omission or advice. It covers your legal defence costs and compensation awarded to your client, both of which can run into thousands of dollars.

Public Liability Insurance*

There’s no disputing that you spend a lot of time with your clients – whether in a dojo or somewhere else. Either way, Public Liability insurance is important for martial arts trainers by providing protection for you and your business in the event a student, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.

It can provide protection for a variety incidents for example, a student trips over a piece of training equipment and fractures their wrist, or you accidentally break an expensive mirror lining the walls of the studio you’re teaching in, your Public Liability policy will give you peace of mind.

Business Insurance*

An essential element of running your own martial arts training business is not only having the relevant qualifications to provide training programs, but also having the right equipment to do so.

That’s why it is important to protect all the key things that make your business run smoothly with a Business Insurance policy.

There are a number of different cover options to choose from, depending on your business needs, and below are some of the main ones to consider:

• Portable Equipment Insurance* covers the cost to replace or repair your portable martial arts training equipment if it’s lost, stolen or damaged anywhere within Australia.
• Contents Insurance* protects the contents and stock kept within physical premises against loss or damage caused by unexpected events, such as fire, storm, accidental damage and other perils.
• Building Insurance* covers the cost of repairing or rebuilding your business premises (that you own) as a result of fire, storm and other perils.
• Business Interruption Insurance* covers lost income or revenue if your business is interrupted by an insured event, as well as the increased costs of running your business if you need to relocate to a temporary location.