Frequently Asked Questions (FAQ)
Q. I need insurance immediately, how do I get my application and payment to you.
A. The fastest way to get your yoga insurance application to us is via email. If you scan your certificates of training and qualifications for yoga, you can send them to firstname.lastname@example.org along with your payment information. See separate tab for Payment Options. If you make an online payment send us a copy of your confirmation. We will process most applications (complete) for yoga insurance within one business day.
Q. Do I need to be a member of an Association in order to apply for Insurance?
A. No, you do not have to be a member of an association in order to apply for insurance. We do have a special program for members of Yoga Network of Canada. Members can connect here.
Q. Why do I need insurance and what is the difference between professional liability insurance and general liability insurance?
A. Our “claims made” professional liability covers you for the rendering or failure to render professional services, general liability is extended to cover claims for bodily injury, personal injury and property damage to others for which you are legally liable. General Liability insurance provides protection for for non professional liability exposures associated with serving clients. For example, the liability for clients falling and being injured on whilst under your instruction or care and it also extends to include such coverage as libel, slander, wrongful eviction and defamation.
Q. Can you provide commercial general liability insurance on an occurrence form?
A. Our policy is designed to meet the needs of individuals, however we also able to provide Commercial General Liability on a separate policy on an Occurrence basis. This will not only provides coverage for premises, products and completed operations, it will also provide employers liability, contractual liability, cross liability, tenants legal liability, non-owned auto and legal liability for damage to hired automobiles (SEF94).
Q. The gym or yoga studio where I teach has insurance and they have me covered. Why do I need my own insurance?
A. If you’re teaching as an independent contractor, it’s increasingly common for the studio, gym, or other facility that hires you to require that you have an individual policy of your own. Facilities that don’t have this requirement because they have coverage can forget to renew regularly, or have exclusions that leave you unprotected. Having your own coverage is good risk management for anyone who runs their own business or classes.
In addition, your own insurance policy is portable and covers you at any place that you work in Canada.
Q. Can I renew my professional liability coverage over the phone?
A. we cannot accept renewals over the phone. Each year you are required to update your renewal application. You then have the option of faxing/emailing or mailing us your professional liability renewal form.
Q. Why do I need to purchase separate coverage for my studio?
A Yoga Instructor insurance policy only provides for professional liability and personal liability coverage ONLY i.e., it protects the insured when negligent acts and/or omissions result in bodily injury and/or property damage to a third party. The policy DOES NOT provide coverage for property/equipment owned by the insured, nor premies liability or business interruption coverage unless a separate policy is purchased for your Studio premises or property.
Q. How do I do I insure or protect against injury to myself?
Insurance can be purchased separately under our Benefits and Disablity policy including Out of Province /Country Medical. (Currently Ontario residents only).
Q. What happens to my professional liability insurance if I move to another province or work outside of Canada?
Our policy provides liability insurance coverage Canada-Wide. We can cover you for special circumstances outside of Canada if you are traveling with a Canadian Sports Team or Delegation or temporary work outside of Canada for a number of other reasons.
Q. Am I covered if I teach at a school, community centre, gym, church, yoga retreat or other place than my regular studio or gym?
Our policy provides portable liability insurance coverage anywhere in Canada.
Q. For the Lloyd’s Yoga and Therapy policy are there any additional charges a surcharge I should be aware of?
Yes, if the following activities are undertaken an additional premium loading is charged as follows:
Student Status – 30%
Teaching others to be qualified as Yoga instructors 30%.
Certain Certificates of Insurance may have an Administration charge of $25 to $50
Q. How does my association get approved?
If your association is currently not approved, please have them contact us and provide specific about details about education and training.
Q. What happens if my therapy does not appear on the approved list? How do I get it approved?
If an individual activity does not appear in the list above and requires coverage, please provide full details of training, accreditation and course syllabus details. (Such activity will have to specifically agreed and approved by Insurers prior to cover being bound.)
Q. Do I really need to purchase my own professional liability coverage? My employer covers me or do they?
THINK AGAIN! Take some time to read the following and act appropriately!
You should know that your employer’s legal representation and insurance coverage are in place to protect your employer from liability, and to protect the best interests of your employer first and foremost, regardless of whether those interests are in conflict with yours. A private professional liability insurance policy protects you; it covers you in the case of an error or negligent act and ensures that you have personalized legal assistance and protection from liability exposure.
When you are an employee of a firm, e.g. a school board, hospital, non-profit, your employer is responsible for your actions. However, should the limits of your employer’s insurance be insufficient to meet the settlement of a claim in which you are a codefendant, your personal assets could be at risk. Private professional liability insurance protects your personal assets, provides for your legal defence and ensures that there are adequate funds available for settlements and compensation.
There are other instances in which your employer’s insurance may not cover you. For example:
• a complaint made to your college or professional association
• complaints and investigations by Children’s Aid, police, regulatory bodies
• in the event you are charged with a crime related to your work
Every service professional should be aware that their employer’s liability insurance may not provide them with adequate protection should they ever need it.
All therapists and service professionals should consider obtaining private insurance coverage.
Q. How long does it take to get a quote?
Rates are published in our application. However, we recognize that members want to buy their insurance quickly and simply. That is why our insurance policy is backed up by exceptional service levels featuring:
Complete applications with payment are processed within 48 hours with the exception for those with claims.
We fast-track service for urgent submissions
Confirmation of Insurance is provided generally within 48 business hours of binding.
Q. How do I know if I am eligible for coverage under this program?
If you answer YES to any of the questions below, you will NOT be automatically eligible for coverage. This however does not mean that you are precluded from applying for coverage. Instead, you must complete the application and send it to Holman Insurance Brokers and include such things as a copy of the statement of claim and other details regarding the claim. The underwriting process may take 3-5 business days and acceptance is not guaranteed. A premium surcharge may also apply if you answer YES to any of the following questions:
- Has any claim been made or lawsuit brought against you due to any actual or alleged wrongful act or mistake?
- Have you or any of your employees been the recipient of any allegations of professional negligence in writing or verbally?
- Are you or any of your employees aware of any facts, circumstances or situations which may reasonably give rise to a claim?
- Has there been or is there now pending against you any suit(s), proceeding(s), claims(s), fact(s), or situation(s) that would have been covered by this insurance?
- Have you ever had any license suspended or cancelled?
- Have you had any insurance company either decline to issue or cancel any errors and omissions insurance?
- Have you ever been charged with or convicted of a dishonest or fraudulent act?
- Have you ever been found guilty of any violation of Federal or Provincial insurance or securities law or regulation?
Q. What is a claims-made policy?
A “claims made” policy protects the policyholder against claims or incidents that are reported while the policy is in force, or during an “extended reporting period”. The negligent act, error or omission must have also occurred during the specific time frame set by the policy.
Q. What is the difference between a claims-made policy and an occurrence policy?
An Occurrence policy protects you against incidents that occur while the policy is in force, regardless of when the claim is reported. A Claims Made policy protect you against claims that are made or reported during the policy period regardless of when the claim actually happened.
Q. What happens if I retire, die or cease to do business?
Remember professional liability policies are written on a “claims made basis”. Once you lapse or cancel your policy you will no longer have coverage for work that has been performed in the past. To solve this problem we can provide ‘run-off’ or extended reporting coverage. If you take out this cover, if any claims come in after you have retired, they will be covered if they arise from your business activity while you had coverage in effect. This cover would ensure that any late claims are still covered while the extended reporting coverage is in effect. You must contact us (or your Estate) to arrange this cover, and a charge will apply.
Q. What should I do if I think I might need to claim?
You should notify us immediately, even if you only think you might need to make a claim. We are here to help and quick action could mitigate costs or even prevent a claim. Equally, if you have a routine query on which you would like our opinion, we are always happy to help. See tab on left “How to report a Claim”.
Q. Why do I have to provide copies of qualifications in the event of a loss even if I provided these at time I applied for insurance?
This is a standard procedure in the event of a claim. If you have already provided these and your qualifications do not require recurrent training you will not need to, however if your qualifications require recurrent training or updating we will require evidence that your are currently qualified to provide the therapy. The onus is on the insured to provide these.
Q. Is this insurance subject to HST.
This insurance is not subject to HST, but is still subject to Ontario 8% PST and Quebec 9% QST. All other provinces no tax applies.
Q. Do you cover Hot Yoga?
Yes, however, following precautions should always be taken:
– The Thermostat should be controlled; therefore it cannot be tampered with
– No temperature above 43 degrees, above this becomes dangerous for potential dehydration
Pregnant woman are at more risk should not be allowed in classes above 40 degrees and should consult a doctor beforehand
-All trainees under your instruction should complete a Physical Activity Readiness Questionnaire once per year;
– All trainees under your instruction required to complete a PARmed-X have done so and ALL doctor’s recommendations are followed.
Note: Purchased coverage may vary from above and claims are only paid out based upon coverage purchased and policy issued.