Massage Therapy Insurance Guide
When considering which massage liability insurance carrier to obtain coverage from, or just pondering on the importance of insurance for massage therapists in general, please consider the following questions and answers. If you have a question that is not listed here, please consult our list of frequently asked questions (FAQ) about massage therapist insurance or contact MMIP at 800-222-1110.
Are you ready to practice with confidence and enjoy the most affordable and low cost massage insurance available? Fill out an application for a massage liability policy and get instant coverage once the application is processed.
More About Massage Therapist Liability Insurance
Q: What is massage liability insurance?
A: Liability insurance is a part of the general insurance system of risk financing to protect the purchaser (the "insured") from the risks of liabilities imposed by lawsuits and similar claims. It protects the insured in the event he or she is sued for claims that come within the coverage of the policy term.
Q: Do I really need massage therapist liability coverage?
A: You can, of course, forgo any insurance and assume the entire risk. You can do this as long as you can be assured you will not suffer a major loss. However, since risk is impossible to predict, a better option is to pass any risks you feel would be detrimental to you, your massage business and/or your family to a massage liability carrier.
Q: When should I buy massage therapy insurance?
A: You should consider purchasing insurance coverage when you begin your career as a massage practitioner. Coverage is also generally available to students at discounted rates under main programs.
Q: What are the kinds of coverage provided by insurance programs?
A: Most liability protection programs include professional liability (malpractice), general liability (trip and fall) and product coverage (eg, adverse reaction to an oil or lotion). Some programs offer additional coverage, as well. You should check with the program sponsor for details.
Q: How much should I buy?
A: Most insurance programs offer liability protection at $1 million or $2 million dollar coverage per occurrence per year. Annual aggregate coverage generally ranges between $2 million and $3 million.
It is important to note the difference between "occurrence form" and "claims made" coverage. Occurrence form coverage means claims arising out of incidents that occur during the policy term are covered even if they are reported after the insurance policy expires. Claims made coverage means claims arising out of incidents that occur during the coverage period are only covered if they are also reported before the insurance policy expires. Some claims made policy forms allow for an extended reporting period beyond the coverage term. Occurrence form coverage or claims made coverage with an extended reporting period are the best options, compared to pure claims made coverage.
Q: How do I know an insurance carrier is legitimate?
A: Check ratings of insurance carriers with some of the major rating agencies, such as A.M. Best Company, Weiss Ratings, Standard & Poor’s, or Moody’s Investment Services. Look for an “A” rating or better.
Q: How can I be sure I am choosing the best program for my needs?
A: Research the websites of the various touch therapy insurance providers and spend the time to compare the benefits and costs of each program. Some of these sites provide an online comparison of their program with those of the competition. Speak to their licensed representatives as necessary to help you to make an informed choice as to what insurance program best meets your needs and objectives.
Q: What are the additional benefits to having liability coverage?
A: Additional benefits vary widely by provider but some of the best offers include FREE Identity Protection Insurance, FREE Lost or Stolen Equipment Coverage, a FREE Business Website, and a FREE directory listing on an industry leading website, and a FREE industry newsletter.