Keep Your Gymnasium "Insurance" Fit

Keep Your Gymnasium "Insurance" Fit

Getting fit feels great. 

Recent trends show that there are more people signing up for a gym membership’s than ever before due to the increase in public awareness surrounding fitness, health and wellness. The increase in gym membership is driving the demand for more fitness centres and personal trainers.

Whether right or wrong, when working out in the gym, mistakes and accidents can and do occur, and when a mistake occurs, insurance claims are made. 

As popularity for your gym grows, so should your insurance. A lot of blood sweat and tears go into every business, so an investment must be made to ensure you have the most adequate insurance policy in place for when those accidents happen.

Three key changes in Insurance for Gyms and Fitness Centres

With experience across multiple clients in the fitness industry all of whom are eager to maximise their gyms performance, unfortunately, like many clients, they understand the importance of insurance, however, they can often overlook or not consider all potential risks that they face.

Professional Indemnity can offer protection in the event your client’s training plans are deemed to be unsuitable or ineffective. Did you know that providing your client with incorrect or misleading advice in relation to their dietary plans and food preparation can also result in a professional indemnity claim being made against you? 

Public Liability can assist in protecting your business against liability for third-party personal injury or property damage arising out of your business activities. A claim example would be if your client was using your amenities and they slipped and fall while using the shower, you would look to your liability coverage in the event a claim was to be made against you.

Tailored gym insurance can also offer protection against fire, storm, theft and other insured events.

Cyber Insurance is a hot topic for all business operations and should be a serious consideration for all gymnasiums when tailoring their insurance policy. As many gyms and personal trainers now store sensitive clients personal, health and financial details electronically, it is important to consider the risks of data and security breaches and cover them accordingly.

When has someone called you because they didn't have adequate Gym Insurance? What happened? 

Like many clients, Gym owners know their business and the fitness industry, but can be unsure of how insurance works or what specific covers they require. Insurance is complex. Talking with an insurance broker can help reduce complexity.

Talking with an Insurance Broker to undertake an insurance review and to discuss all potential risks and insurance options available in-depth matters.

Getting insurance clarity can enable Gym owners to go into business with more knowledge and better understanding of how their insurance can protect them when the unthinkable happens. 

What are three things people should consider with Gymnasium insurance?

Many insurers have strict policy terms and conditions that require minimum fitness qualifications prior to accepting cover such as a Certificate IV in Fitness and/or Diploma of Fitness obtained through a registered training organisation.

This condition does not only apply to the gymnasium owner but also to the employees and contractors engaged in the business.

Not all fitness activities that you may offer your clients are covered, so it is important to use a qualified broker to discuss all your fitness activities that occur within your gym. Some excluded activities can include but not limited to; Rope-related Activities, Trampolines & Foam Pits, Waterslides or solariums.

To ensure you can help your clients keep fit and healthy we recommend you engage an insurance broker to keep your business insurance in shape. 


General Advice Warning: This advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is appropriate for you and your personal circumstances. Before you make any decision about whether to acquire a certain product, you should obtain and read the relevant product disclosure statement.

Abbie Wilson, National Insurance Brokers, ABN : 22165146789, AFSL : 233750 , AR Number: 443875, CAR Number: 461886

Advisr does not provide advice and does not hold a financial service license (AFSL). All information above has been provided by Abbie Wilson.

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Abbie Wilson

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