Why do I need Participant Accident insurance?
Participant Accident coverage is important for any fitness facility, and is required as a member of the CrossFit RRG. It allows affiliate owners to pay for any member's medical bills due to injuries sustained at your box. While Liability coverage pays for claims once a demand is made or a lawsuit is filed, Accident coverage is no-fault and pays for injuries regardless of negligence. Participant Accident coverage is in excess of the injured party’s existing health insurance. It covers out-of-pocket expenses and deductibles for them with a $25,000 limit per accident.
With this coverage we are trying to accomplish 4 things for affiliates.
- If your member gets hurt, you can pay their medical bill and keep them coming back to train at your box. This gesture of goodwill may prevent legal action.
- We can stop unnecessary lawsuits and claims by preemptively paying for injuries.
- Utilizing Participant Accident coverage will keep Liability rates low for all affiliates.
- Assets of CrossFit RRG will be even more protected, eventually leading to lower rates and less insurance cost for the community.