Getting health club insurance into shape

This article was produced in partnership with K&K Insurance Group Inc.

Desmond Devoy, of Insurance Business America, sat down with Lorena Hatfield, marketing manager at K&K Insurance, to find out more about how health clubs are insured, and what different types of programs are available to the people who help keep us healthy.

You should feel the burn and sweat when you hit the gym – but your clients shouldn’t sweat it if they’re the ones who need to insure their health club.

So when it comes time to sit down and help your client decide what type of coverage they need, here’s a handy list to help them go the distance, and reach their personal best – at least when it comes to insurance.

Fun comes in all sizes at K&K Insurance Group, Ltd. and it is because of this Fort Wayne, Indiana-based company that insurance agents have access to competitively priced custom health club programs, which are designed for a variety of fitness facilities.

In order to find the right fit, there are some important questions to ask your fitness facility client: the size of the facility, annual revenue, and the services offered will determine which K&K program is appropriate for each operation.

So, put your Pilates on pause, and we’ll spot you as we sprint through K&K’s five health club program offerings:

1. Health Club Program – Full Service: Coverage for health, racquet and athletic club operations, offering a full range of services that may include pro/sport shops, snack/juice bars, restaurants, spa services, tanning, babysitting/childcare, massage therapy, and other services provided at the health club.
2. Health Clubs – Basic Service Operations: Designed for health and fitness clubs offering a full range of services with annual revenue of $2 million or less. 24-hour facility options are available.

For facilities and instructors needing less complex coverage, K&K offers a fast quote-and-buy-online process for the following programs:

3. Health Club Program – Limited Services: Available to health/fitness clubs offering programs and services that may include personal training, aerobics, yoga, Pilates, free weights, resistance, and cardio machines for their members with annual sales of $500,000 or less. All eligible operations must be fully staffed during open hours.
4. Exercise/Personal Training Studios: Designed for studio facilities offering personal training, group exercises, aerobics, yoga, Pilates, or circuit training activities under the direct supervision of a fitness professional such as a personal trainer or exercise instructor. Must be 3,000 square feet or less.
5. Fitness Instructors: Designed to meet the unique needs of personal training, exercise, aerobic or yoga/Pilates instructor directly supervising an individual or group engaged in fitness and exercise activities. Independently contracted instructors may not be insured under the facility’s coverage and a separate policy is often required by health club facilities where the instructor works.

K&K requires no prior appointment for agents to submit an application and receive a quote; underwriters specialize in providing coverage for fitness facilities and are available to assist agents with coverage questions.

K&K has been covering health clubs for more than 40 years, and now insures thousands of such clubs across the US.

Call K&K Insurance at 877-355-0315, or for guidelines and applications, visit www.kandkinsurance.com.