Martial arts is a form of controlled exercise that assists youth and adults in practicing self-defense, resulting in increased confidence, focus, and enlightenment. However, as with any type of exercise, there is the possibility that an injury or other unfortunate event can occur.
When it comes to basic martial arts student insurance and coverage for studio staff, Karate Insurance is your go-to source. We have helped numerous schools across all 50 states obtain coverage, and both the facilities and participants of these companies are protected. Our insurance program is specifically tailored toward martial arts.
We offer a $100,000 benefit on accident coverage. Martial arts insurance for students includes medical expense, accidental death, and dismemberment benefits. Regarding dismemberment, if numerous losses happen because of the same accident, we will not pay more than the principal sum.
As far as excess coverage is concerned, our plan will not cover treatment or service if benefits are payable or if service is available under the covered individual’s other insurance policies or medical service plans.
Liability coverage will protect you in the case of a lawsuit or property damage. This general liability includes the studio’s owners, instructors, and employees. You can add additional insured parties at no charge.
Both accident and liability coverage will provide you with premium rates that start at $10.45 per person per year. The minimum premium is $525, and staff is included without charges. Depending on which state your studio resides in, our rates on martial arts insurance for students may be different.
Additionally, there are optional coverages you can include in your policy. Whether you need equipment coverage or coverage for camps, seminars, and tournaments, you can customize your plan depending on your school’s needs.
Karate Insurance offers the best coverage for your establishment. Contact us today to learn more about our martial arts student insurance—we will even provide you with a free quote.
