Professional Insurance
Professional indemnity and public liability are the two covers a yoga teacher needs. Professional indemnity is malpractice, claims that your teaching caused harm. Yoga Australia’s recommended minimum is $2m. Public liability is slips, trips and falls. The recommended minimum there is $10m, with $20m available.
Yoga Australia has undertaken a stringent review of the insurance market on behalf of members to secure insurance that is competitively priced, provides the broadest coverage and is easy to purchase online.
GSA Insurance Brokers are delighted to be partnering with Yoga Australia to provide you, the members, an insurance solution to protect you and your business. The application runs online and takes under five minutes from start to finish, with documents issued immediately after payment.
Yoga Australia does earn a commission from insurance policies taken with GSA, and we recommend you obtain advice and carefully consider the insurance that best meets your needs.
Professional Indemnity and Public / Products Liability
- Competitive pricing
- Quick and simple online policy application;
- Various Professional Indemnity (PI) limit options – $2m, $5m or $10m
- Public & Products Liability (PPL) coverage options of $10m and $20m;
- Instant policy issuance
- Unlimited Retroactive Cover
- Employee Fidelity Cover
- Statutory Liability Cover
- Cover for a broader list of modalities
- Coverage available for audio visual classes
- Option to include 84 months free run-off cover subject to insurer approval
- Emergency Costs – Approval up to 10% of policy limit.
- Public Relations Costs – Following a claim covered by the policy
- 1 hour free legal advice per policy period.
For more information about GSA’s policy and/or claims inquiries, please email or call:
Phone: 02 8274 8199 – dedicated line for Yoga Australia enquiries
Email: [email protected]
GSA Insurance Brokers are the long-time provider of discounted insurance to Yoga Australia members.
“We’re a new breed of Insurance Broker, who think insurance should do more than just cover you for loss.”
What happens with my past exposures if I move to GSA?
The GSA policy provides an unlimited retroactive date, this means past work in relation to the currently listed Professional Services is covered.
It is imperative that all circumstances that may give rise to a claim are formally notified to GSA as and when you first become aware of the incident to ensure that the Insurer can consider providing indemnity.
However, in the event that you fail to notify a Known Circumstance* before moving to GSA the policy includes an extended continuous cover clause, which may provide cover in the event that you fail to notify a Known Circumstance given the terms and conditions of this clause are met.
*Please refer to the policy wording for more information
Does my policy cover me for multiple locations?
Yes, the policy provides cover for the provision of the listed professional services within Australia and New Zealand.
Would I be covered if I attend Trade Fairs, Shows, Markets etc?
Yes, the policy provides cover for the provision of the listed professional services Australia wide.
Are my employees covered by the policy?
Yes, employees are automatically covered when undertaking the covered professional services for or on behalf of the Insured, they do not need to be named on the policy.
How can I renew my existing policy with GSA?
GSA will provide renewal notification emails one month prior to your policy’s expiry date. Please add [email protected] as a safe sender in your email contacts to ensure these emails are received.
Will the policy cover me to teach online and internationally?
The policy provides cover for the provision of the listed professional services online subject to policy terms and conditions. This includes both pre-recorded and live classes.
The Professional Indemnity territorial coverage is worldwide however; Jurisdictional coverage is restricted to AUS/NZ. This means that should you have a client attend say an online class and they are located in a country outside of AUS/NZ then they are still able to bring a claim against the member however, the claim needs to be brought FIRST in either AUS/NZ jurisdiction. If the claim is not first brought within the AUS/NZ jurisdiction then the policy will not cover you for the claim. Note: The member MUST be domiciled in AUS/NZ. The policy will not respond to member’s physically practicing from an overseas location without prior approval. If the member is doing a substantial amount of work in locations outside of AUS/NZ then it would be wise to either obtain a full worldwide coverage or take out a local policy in the location where the majority of their clients are.
Is prenatal yoga covered?
No specific Pregnancy Yoga qualification is required, as long as you are a qualified yoga instructor then that is sufficient for the policy to respond in the event of a claim arising from teaching a pregnant client.
