As a massage therapist, do you have massage insurance? If you do, is it sufficient? One of the first massage business set up steps is getting massage insurance.
Therapists: what should you ask massage insurance providers
When you are there shopping around for massage insurance, create a list of all the providers you plan on talking to and ask each provider these questions.
- Are you covered away from your business? As a mobile massage therapist?
- Does the massage insurance policy cover your massage modality?
- Make sure to ask if the massage insurance policy cover:
- Professional liability
- Advertising liability (libel, slander, copyright infringement, etc.)
- Personal injury liability
- Product liability
- Premises liability
- Property damage
- Sexual harassment / abuse / assault (if covered, usually coverage amounts are lower).
- What is the deductible amount, if any?
- Does the massage insurance cover legal fees if someone sues you
- What is the time frame for the claims? Just know that some insurance policies may not cover you if you take too long in reporting a claim.
- Does the policy show any exclusions? There should be an exclusion section in the policy
- What is the annual premium? Do they have part time premium rates for part time therapists?
- Are there any discounts through any of your associations that you’re a member with?
- Does the policy cover your employees or independent massage therapists who might work at your massage therapy center?
- What is the maximum amount of coverage per claim?
- What is aggregate annual claim coverage?
Massage Therapist insurance providers
Luckily there are a handful of massage therapy insurance providers to choose from.
Most massage therapist insurance providers have at least $2 million of coverage per claim and at least $5 million in aggregate coverage per year. Aggregate coverage per year means you’re covered up to the max amount for all individual incidents.