Gym Insurance

Customized insurance solutions for your needs

There are hundreds of gyms in Ontario, each offering their members a space to work out and keep in shape. Gyms have a variety of amateur and professional equipment, in addition to many having a personal training program. Because of the unique conditions these gyms provide, they are privy to a unique set of risks that can be minimized by obtaining insurance. Insurance won’t prevent hapless events from taking place, but it can minimize the financial damages you may be faced with as a result.

Content Insurance

Your gym is full of valuable, expensive gym equipment. In a gym that sees numerous amounts of different people each day, damaged or stolen equipment is almost inevitable, which can cost you big bucks in replacement fees. Additionally, your members’ ability to work out may be sacrificed. When you have content insurance, the price tag of stolen or damaged equipment may be completely covered.

General Liability Insurance

Gyms are, by nature, riddled with all sorts of potential hazards, like dropped weights and water spills. Rather than hoping no one accidentally gets hurt at your gym, purchase a commercial general liability insurance policy for peace of mind. Commercial general liability insurance will cover costs associated with members’ property and physical damages.

General Liability Insurance

Gyms are, by nature, riddled with all sorts of potential hazards, like dropped weights and water spills. Rather than hoping no one accidentally gets hurt at your gym, purchase a commercial general liability insurance policy for peace of mind. Commercial general liability insurance will cover costs associated with members’ property and physical damages.

Professional Liability Insurance

With any form of professional advice, you should look into professional liability insurance. If one of your trainers pushes a client to go one more set and they sustain a sprain or tear a muscle, you may be faced with a negligence lawsuit. As a result, these legal fees are covered with professional liability insurance. Each specific policy has unique features, but most cover accusations of negligence, malpractice and advice resulting in personal or property damage.

Product Liability Insurance

As a gym, you likely sell some sort of equipment or gym products. Product liability insurance covers costs associated with malfunctioned products you sell. For example, say you sell exercise bands. Today, one of the bands you sold was actually part of a faulty batch that snaps when you use it. The customer who bought the faulty one uses it and, unfortunately, it snaps and hits their eye. When they sue you as a result, the legal fees are covered thanks to your product liability insurance policy.

Product Liability Insurance

As a gym, you likely sell some sort of equipment or gym products. Product liability insurance covers costs associated with malfunctioned products you sell. For example, say you sell exercise bands. Today, one of the bands you sold was actually part of a faulty batch that snaps when you use it. The customer who bought the faulty one uses it and, unfortunately, it snaps and hits their eye. When they sue you as a result, the legal fees are covered thanks to your product liability insurance policy.





    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.