Are you’re a professional Fitness Instructor? Have you finally decided to purchase professional Fitness Instructor Insurance? If yes, dig into these cost-effective saving tips to ensure you will reduce the cost of your insurance policy.
Tip #1 – Prepare a detailed list of potential risks you may face
As a professional Fitness Instructor offering your services either as a contractor or as an employee in a reputable fitness center, it’s crucial that you are aware of the potential risks that you may face while doing your job. I suggest you prepare a detailed list of all factors that could pose great risk before you contact an insurance company or licensed insurance broker.
Tip #2 – Get as many quotes you can
Another cost-effective strategy to ensure you know the prevailing prices of the various professional Fitness Instructor Insurance policies in the marketplace is by getting as many free quotes you can from credible insurers. You can also check online insurance websites that offer free online insurance estimates.
Tip #3 – Do the necessary safety measures
If you already foresee the possible incidents that could lead to your personal injury, a student’s physical injury or claims of malpractices, undertake the necessary safety measures to keep any of these unpredictable incidents at bay. Among the best practices to reduce the chances of accidents, property damaged or worse, a malpractice legal suit, are:
Demonstrate a high level of professionalism while performing your daily duties as a professional Fitness Instructor.
Wear appropriate fitness gym clothes.
Advise your students to wear the recommended top quality fitness gym attire.
Observance of and strict compliance to rules while inside the fitness centre.
Warning devices or signs must be put in areas prone to slipping or accidental falls.
Tip #4 – Assign a licensed insurance broker
In the event you have no time to meet with a potential insurance company to discuss your Professional Fitness Insurance policy, assign an experienced licensed insurance broker to represent you and do the negotiations, especially regarding price.
Tip #5 – Confide your preferred budget to your licensed broker
Don’t hesitate to confide your budget preference to your hired licensed insurance broker. See to it that he or she negotiates a price that falls within your desired amount. In the event the proposed price of the Professional Fitness Instructor Insurance policy you want exceeds your budget, ask the licensed broker if he or she can lower his or her commission fees. I’m sure if the broker wished to establish a long-term relationship with you, he or she might even be willing to waive his or her commission fees.
Tip #6 – Don’t sign immediately
Give yourself enough time to review the contents of your proposed Professional Fitness Instructor Insurance policy. Most insurance companies give their clients a 14 day cooling off period in which to weigh things up and get the most of their insurance coverage protection. In the event you found no errors on your proposed insurance policy, tell your licensed insurance broker to request the original copy and sign this legal document.
Gym Insurance HQ have friendly, experienced insurance brokers who are ready to help you to find the best Professional Fitness Instructor Insurance policies that give you complete cover of risks involved in being a professional fitness instructor. We can get quotes, give advice and most of all make sure you are happy with the insurances before placing cover. Call our team in the office today on 1300 815 344 or you can go online and request a quote and we will call you back.