Your independent insurance agent and your insurance company can be valuable partners in helping you reduce or eliminate loss exposures in your fitness and recreation facility. All parties benefit by minimizing claims and losses, and you can achieve this with proper risk management. Most insurance companies use a supplemental application to ask questions about your operation, along with a physical inspection by a loss control professional who walks through your facility to fully assess risks. Learn more about what they are looking for and how this process can benefit your club as well as the safety and enjoyment of your members.
Another vital area that shows you have good controls in place is your use of liability waivers and contracts. Waivers should be signed by all members and guests, and contracts should be in place with vendors and with any group renting out your facility. These documents should be reviewed by legal counsel every couple of years to ensure they stand up to the current legal environment.
Furthermore, your insurance company will look for any other documented controls and policies such as:
Independent insurance agents and insurance companies watch out for your interests and help protect your investment. You can gain a leg up on this process by conducting a review yourself, then using their expertise to sharpen your controls and practices. Then everyone can safely enjoy all that your facility has to offer.
Brian Rawlings is the national program director for the fitness, sports and recreation program at The Cincinnati Insurance Company. He spent 10 years developing and overseeing programs in the fitness industry before joining The Cincinnati Insurance Company in 2005. Brian can be contacted at 513-603-5461 or by email addressed to Brian_Rawlings@cinfin.com.