Why do I need Participant Accident insurance?

Participant Accident coverage is important for any fitness facility, and is required by many insurance companies.  It allows gyms to pay for any member's medical bills due to injuries sustained at your facility.  While Liability coverage pays for claims once a demand is made or a lawsuit is filed, Accident coverage is no-fault and pays for injuries regardless of negligence.  Participant Accident coverage is in excess of the injured party’s existing health insurance.  It covers out-of-pocket expenses and deductibles for them, typically with a $25,000 limit per accident.

With this coverage we are trying to accomplish three things.

1.  If your member gets hurt, you can pay their medical bill and keep them coming back to train.  This gesture of goodwill may prevent legal action.
2. We can stop unnecessary lawsuits and claims by preemptively paying for injuries. 
3. Utilizing Participant Accident coverage will keep Liability rates low.