Property & Casualty

You’re put first.

Managing risk means more than insuring what is here today, but seeing ahead to where the business will be tomorrow.

Fitness Professional Liability Insurance

Professional liability insurance, is tailored for fitness professionals like personal trainers, Pilates instructors, and health and wellness coaches. This insurance is designed to shield your business from claims related to negligence, misrepresentation, inaccurate advice.

Contract Review

Contracts define the liabilities and exposures a company assumes when it enters into an agreement with a third party. If you’ve ever been uneasy about an insurance or contractual risk transfer term, you could benefit from IMA’s Contractual Risk Management service.

Available Services

Property

Coverage for your buildings, contents, signs and business income exposures

General Liability

Coverage to pay for judgements and defense costs in the event you are found liable to members of the public or guests

Umbrella

Additional liability coverage, in excess of the General Liability, Auto Liability and Employers Liability lines of coverage

Fitness Professional Liability

Coverage for claims arising from alleged errors and omissions related to trainers leading members through exercises

Business Auto

Liability coverage and, if purchased, physical damage coverage for your owned autos or those you rent or borrow

Cyber/Crime

Coverages provide reimbursement for specifically described thefts or information breaches

Workers’ Compensation

Coverage for work related injuries to your employees

Employment Practices Liability

Coverage that provides settlements and defense costs to protect your firm against lawsuits alleging certain workplace torts or discrimination

Directors & Officers

Coverage for allegations against directors/officers for mismanagement of funds, misrepresentations, non-compliance and breach of fiduciary duties

Sexual Abuse

Coverage for claims arising from alleged sexual misconduct or molestation by trainers or front desk personnel

Minimum Franchise Requirements

General Liability$1M each Occurrence/$2M Aggregate or greater 
Workers’ Compensation & Employer’s LiabilityStatutory Limits; Employers Liability limits – each accident/occupational disease/disease greater than or equal to $1M
Auto LiabilityCombined single limit of $1M or greater; must include hired and non-owned auto liability coverage
Fitness Professional Liability$1M each Claim/$1M Aggregate or greater
Sexual Abuse$100k each Occurrence/$300k Aggregate or greater
Employment Practices LiabilityAnnual Aggregate must be greater than or equal to $250k
Cyber LiabilityEach Occurrence must be greater than or equal to $250k
PropertyBusiness Interruption and Extra Expense must be greater than or equal to 75%; Utility Services Direct Damage and Business must be greater or equal to $25k
Additional RequirementsCertificate of Insurance for Franchisor must read as follows: Ultimate Fitness Group, LLC, OTF Royalties, LLC, Franchisor, LLC and their affiliates at 6000 Broken Sound Parkway NW, Ste. 200 Boca Raton, FL 33487