Philadelphia Insurance Companies is offering a new product for Fitness & Wellness Studio Operators.
The product will focus on storefront risks that offer one-on-one fitness training or group fitness training in the areas of Aerobics, Pilates, Personal Training, Martial Arts, Group Fitness, Elite Athlete Training, Weight Loss Clinics and Massage Therapy Clinics.
Available coverage includes Businessowners Policy (BOP) Property and General Liability as well as Professional Liability. An Elite Enhancement form is available which increases coverage offered under the BOP Policy. Coverage enhancements include additional limits for interior glass and Sewer Back-up, enhanced Business Income coverage, blanket Additional Insured and broadened Bodily Injury. A 24-hour turnaround on quotes is available with a simplified pricing plan based on number of clients and property limits.
For applications, visit phly.com and click on Products & Services/Health, Fitness and Wellness Insurance Program.