Sunday, January 2, 2011

Essentials of Martial Arts Insurance

Martial arts insurance is a must-have for any instructor or studio. It does not have to be expensive or hard to obtain, though. If you are in the market for a new policy or you just want to find out what the costs will be, turn to Martial Arts Liability Insurance, a company that provides some of the lowest costing insurance available to companies today. What you may not realize is just how affordable and how easy it is to get this level of coverage. More so, you may be impressed to know that you can often get the policy in place right away.

The first question many people ask is how to get a quote for service. The good news is that Martial Arts Liability Insurance provides online quotes for your specific needs. Visit the company’s website. Fill in the information requested at the site on the calculator page. Then, you will receive an accurate, instant quote, in most cases. You can also obtain more information by contacting the company directly.

In order to provide you with a policy, the company will charge you a minimum, non refundable premium. Once you apply for the policy formally on the website, the entire process speeds up and you can receive the coverage you need right away. The policy will often take just a few business days to put into place. In fact, if you submit your application during normal business hours, it will be binding within 24 hours of that time. It will usually take no more than 48 hours of the company receiving your full application to get you the information necessary.

For those who need to receive a certificate of insurance for a tournament, the good news is that this process is fast, too. In most cases, you will receive this information on time as long as you submit your tournament application a week before the tournament is in place. Then, the previously mentioned timelines are applicable.

What Is Required

Once you are ready to get more information, gather some simple information about your business and then use the online calculator to provide you with more information. You will need to know:
  • The number of liability claims you made in the last five years.
  • If you have a release waiver on file for each of the students enrolled in your program
  • If you offer contact boxing
  • If you need a permit of any kind to operate
  • The number of students you have
  • And the types of sparring gear you use.
Once you have this information on hand, the rest of the process is very easy. You just need to request a quote from the company and fill out an application. This is all done through the company’s website for faster service. You never even have to talk to the company if you do not want to. The key to remember is that in order to get effective martial arts insurance, you need to work with a trustworthy company such as Martial Arts Liability Insurance.

$7.90 per Student for Martial Arts Insurance

Martial arts insurance is available at an affordable price. Many businesses have no idea that it can be this inexpensive to get the type and level of insurance necessary to cover the costs of your particular needs. The good news is that Martial Arts Liability Insurance can provide you with the relief you need from the intense costs associated with a fine or an accident, should it occur. There is no reason to go without having insurance with this company’s products and services. What is even better is that you can get this type of insurance without actually having to worry about the process either. The entire process of getting coverage is easy enough to do right now. 

The Low Cost

Why is it that you can get martial arts insurance at such a low rate? The cost really is just $7.90 per student when you enroll in the plan offered by Martial Arts Liability Insurance. The cost is low for several reasons. The biggest reason these costs are so low is that you do all of the work involved in the process.
  • You must ensure that all of the data provided on the medial insurance forms is accurate.
  • You ensure that the names of any additional insured individuals are added to the documents as necessary.
  • You are also responsible for properly submitting any claims that you have to make over time.
  • You ensure that you complete the claims forms and that you sign them accurately and submit them to the company.
  • Yes, you are doing some of the work here, but you are also saving an incredible amount of money by doing this work yourself. That is something that cannot be beat when you consider the overall benefits. Plus, the process of completing documents is not difficult at all.
To learn more about the actual cost of martial arts insurance from this company, you simply need to use the company’s martial arts insurance calculator to help you. The calculator will ask you some very specific questions about what you need and what your circumstances are, including the number of claims you have filed in the last five years, where you are operating and if you have a release waiver signed by each of the students. These questions allow the system to automatically give you a price quote for obtaining the insurance.

Martial arts insurance is not something you should ever go without because, in the long term and the short term, it protects your business and keeps your doors open. However, what this type of insurance can provide is protection that is effective and provides exactly what you need as a martial arts teacher or instructor. Your business does not have to spend a small fortune to get these insurance costs down. Further, you do not have to worry about spending your time waiting for a quote. Fill out the quote for insurance using the martial arts insurance calculator on the company’s website or call Martial Arts Liability Insurance directly to get more information.