If so, you need the extra protection of our brand new worldwide coverage, giving Yoga Instuctors $5,000,000 limit of coverage. Just add $50 to the base premium on your renewal form, change the 8% PST amount if you live in Ontario and submit your payment for the new comprehensive coverage!
This is just another way LMI is working to expand your policy to cover you better as a Yoga teacher.
This morning we received a call from Michelle in quite the panic. She received a call from her Yoga Studio owner
Cover Yourself with Tenants Legal Liability
saying that the toilet flooded out the Accountant’s office downstairs and damaged their walls and file cabinets. Since Michelle was the last Yoga teacher to leave she was wondering if she had coverage and what to do. All Yoga teachers with LMI have Tenants Legal Liability, so after the Accountant’s insurance company looks after the damage, if they choose to sue Michelle for not checking the bathroom, our policy will defend her from the lawsuit. As a Yoga teacher this is a crucial coverage and included in all LMI yoga insurance policies. See the Yoga Instructors page for more information.
Fido, Spot, Tippy, Buddy… No matter what you call your dog, cat, horse or whatever pet you may have, they are a member of your family. Their unconditional love and attention to their human family members cannot be replaced.
Animal Therapy can be added to your Yoga policy or any other policy for just 25% above the base premium.
Many of the staff at Lackner McLennan Insurance have beloved pets too. We understand that some pets have special needs which can only be met using alternative methods like Reiki, Reflexology and Aromatherapy. That’s why we were so keen to offer insurance coverages for those practitioners who work with animals.
We are happy to offer additional coverage for animal therapies, subject to a couple of guidelines. The animal must be a domestic animal (no race horses) and valued at less than $10,000. You must have a training certificate which you can provide to us for your file.
In return, you can have animal therapy coverage for just 25% above the base premium of either $225 or $265/year. Not bad for the peace of mind that you have the extra coverage you need to work with animals.
LMI’s Occurrence Based Yoga Policy will protect you.
There are so many options available to Yoga Teachers in Canada. Everything from different limits, insurance deductibles, coverages, the list can go on and on. But as a Yoga teacher in Canada, one of the biggest concerns you should have is whether your Yoga policy is claims made or occurrence based. This question was brought up recently by Chelsie, from B.C., Canada. She had done some research into the differences of the two and didn’t understand them very well.
To help her understand we gave Chelsie the following example, putting her right into a possible situation. Claims made policies evaporate as soon as they are cancelled. So, Chelsie is working as a Yoga teacher and a client falls during their practice in July. At the time they seem okay so she thinks nothing of it. Chelsie works mainly in the summer, so she cancels her policy in the fall and continues her career leaving her profession as a Yoga teacher behind. Now if Chelsie has a claims made policy and that following December she gets papers filed and is brought into a lawsuit because the client that fell the summer before is actually chronically injured, she has NO COVERAGE. But if she had insurance from LMI, Canada’s largest provider of Yoga insurance in Canada, her policy would be Occurrence based and she would have coverage from the incident the summer before. That is a massive difference in a Yoga insurance policy. You never know when an accident could come back to draw you into a lawsuit. And only an occurrence based policy is there to protect you as Yoga teacher at any time!