Professional Indemnity Insurance: The Lowdown

What is Professional Indemnity Insurance?

Gym Insurance may sometimes seem pretty simple. In reality, it can be a bit difficult. If you, or any of your employees, provide tuition or advice, Professional Indemnity Insurance can be seen as a must.

This cover is sometimes referred to as Wrongful Tuition. 

Professional Indemnity Insurance may protect you from losses or damages following wrongful advice or poor tuition. In some cases, it can cover against a customer’s financial loss.

Should a client believe that you have done something wrong, they may decide to sue you. This can be even more unbearable if you actually haven’t done anything wrong. Your policy would cover the costs of damages if the insurers did believe you to be at fault. However, they do not cover for reckless actions. It is recommended that you always remain vigilant in your work place.

Wrongful Advice & Gyms

Generally speaking, as a gym owner, if you are not providing any aspect of tuition you may not need to concern yourself with the ins and outs of Wrongful Advice Cover. On the other hand, if your employees are providing advice in the form of training or other aspects, without professional indemnity, your standard liability insurance would not pick up on claims.

Any advice given to your clients by direct employees requires Professional Indemnity coverage. If your staff are providing exercise plans & techniques or specific dietary advise, you need to ensure that should anything go wrong (i.e cause injury or sickness to a member) you have sufficient insurance in place.

Get a Quote Today

Our specialist Gym Insurance policies provide cover for Wrongful Advice and Tuition as standard. For more information, why not contact David J Miller’s Insurance Brokers or head on over to our enquiry form