subject: Universal Health Club Insurance - Myth Or Mischief? [print this page] Universal Health Club Insurance - Myth Or Mischief?
If you are thinking about purchasing a health club, you might want to research health club insurance. Different from many other types of insurance, this particular variety is specific to health clubs. Fitness centers also fall under this category, so one might also call this particular variety of coverage as fitness center insurance, but for our purposes today, we will call it the former. It is important to cover oneself from financial harm when in business, and even when your business is getting people healthy, things can happen that may put health at risk. This is why insurance is important.
Viruses and bacteria are always a concern, as they can spread easily from person to person, both on fitness equipment and in the locker room. The warm, damp environment is a potential breeding ground for all sorts of infectious organisms, which could end up being a potential liability for the club. Although there are waivers that members can sign releasing the club from certain liabilities, it is always a possibility that some sort of lawsuit could be faced, and without appropriate coverage, damages could be devastating for the business.
There is also the potential for personal injury from misuse of the equipment. Perhaps a finger is caught in a stack of weights, or a severe sprain occurs because of misjudgment of one's abilities or misuse of club equipment. Perhaps something more severe happens because of poor judgment on the part of club personnel. Health club insurance could be the only thing that keeps the club from going bankrupt in such circumstances. Due to the potential damage a single suit could bring, it is absolutely imperative that a club owner is well insured.
Fortunately, there are policies tailored specifically for health clubs, giving appropriate consideration to the needs and contingencies that exist in the world of fitness centers and related issues. Every business is unique, and each type of business has specific needs of their insurance providers. It would be foolish for a health club to be insured against damages caused by automotive operator negligence or airplane crash, just as it would be unnecessary to insure against lion attacks in Ohio. There is always a possibility that a lion could escape the zoo and find its way to the health club for a snack, but so unlikely that it would be ludicrous to insure against it.
So be prepared when you open your business, and have an appropriate policy of health club insurance provided by a competent and capable provider. There are many things to consider, and with a bit of common sense, you should be able to perform the necessary research to find the right coverage for you. Universal coverage may be a pipe dream, but coverage for your specific needs is only a phone call away.
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