Learning first aid is immensely important in Canada. As a first aid instructor in Canada, you’ll easily be able to find many people who want to use your services. They’re interested in learning to care for their loved ones, clients, and strangers. Canada’s first aid instructors can help many people, including medical professionals, business owners, EMTs, and police officers. There is plenty of work so you can guarantee that you’ll stay busy and make a lot of money. However, you cannot neglect your duties. When you’re teaching someone how to save a life, you need to do your best every time.
If you get complacent, there is a risk that your services will be less than subpar. You may forget to tell your client something very important. That could hurt their chances of saving someone’s life. If your neglect prevents them from saving a workers’ life, you’ll be sued. Despite giving it your all, there is a risk that you’re going to make a mistake or forget something. Since the risks are hard to ignore, you need to obtain first aid instructor insurance to protect your company.
Understanding First Aid Instructor Insurance
First, you’ll want to take the time to learn more about first aid instructor insurance. What does this insurance do? What does it cover? How will it help your business? You’ve likely heard about professional liability insurance or errors and omissions insurance. Well, you have to understand that first aid instructor insurance is the same thing. It is professional liability insurance. Still, a lot of business owners know little about professional liability insurance. If you fit into this category, you’ll want to learn more about professional liability insurance right away.
What Does First Aid Instructor Insurance Do?
Again, first aid instructor insurance is professional liability insurance. So, what does it cover? Once you’ve signed up for first aid instructor insurance, you’ll have assistance dealing with potential lawsuits. This insurance can help you hire an attorney or a team of attorneys so you can defend your company and avoid a hefty settlement. You’ve done everything you could to right this wrong but your client still isn’t happy. They’ve decided to sue you anyway.
Professional liability lawsuits involve misunderstandings, disclosure issues, missed deadlines, and errors. Once you’ve obtained this insurance, you’ll receive assistance with your upcoming court trial. You’ll have assistance paying your lawyer’s fees so you can fight back. In addition to this, your insurance will cover court judgments and settlement costs. It will also help you pay administrative fees, court fees, and expert witnesses.
When Will First Aid Instructor Insurance Help?
Ultimately, you never know when something bad is going to happen to your business. You’ve done everything you can to provide a high-quality service, but you ran into problems along the way. Sadly, your client isn’t willing to work with you. Instead, they feel it is best to file a lawsuit against you. Will you be able to handle this problem and keep your business operational? In order to file a lawsuit and make their case, the plaintiff will need to provide that your work did not meet the minimum standards and that they suffered damages due to your mistake.
If they can prove this, they’ll file a lawsuit against your company and they might win a settlement. First aid instructor insurance can help. Obtaining this insurance so you can hire an attorney, pay for expert witnesses, and deal with a possible settlement.
Why Do You Need First Aid Instructor Insurance?
You’ve established yourself as one of the best first aid instructors in Canada. People in your province know you and know that you do exceptional work. You give your clients everything you have each time. You won’t stop working hard. However, you have to realize that external factors can negatively impact your performance. If you’re dealing with personal issues at home, it could hurt you in the workplace. In addition to this, you might be stressed because you have too much work to handle at once. This could cause you to make mistakes and hurt your clients.
When teaching a client to perform CPR, you may forget to tell them about one important step. If you do this, your client won’t be able to perform CPR accurately and it could prevent them from saving someone’s life. First aid instructor insurance is pertinent because it protects your company from lawsuits dealing with missed deadlines, disclosure issues, misunderstandings, and clerical errors.
When Should You Get First Aid Instructor Insurance?
You’ve worked diligently over the years to satisfy your clients. You don’t want to ruin your company’s reputation. You want to keep your business operational and profitable for many years to come. Well, you should know that you can protect your business by obtaining first aid instructor insurance. You should quell your concerns by acquiring professional liability insurance. You’re likely worried about the costs so you’re hesitant to sign up. Should you wait or sign up immediately? It is best to sign up for professional liability insurance immediately.
Most professional liability insurance policies are not retroactive so they will not cover past incidents. If you get sued and try to get professional liability insurance after that, you might. However, you’ll likely pay a lot more. Don’t wait because your decision will come back to haunt you.
Other Insurance Products First Aid Instructors Need
Professional liability insurance is great for first aid instructions. Still, it isn’t the only product you’ll need. Besides having first aid instructor insurance, you’ll also need general liability insurance. General liability is important because it helps your company when dealing with personal injury and property damage issues. You’ll also want to talk to your insurance agent about business interruption insurance, business contents insurance, and cyber insurance.
- Business Interruption Insurance – When your business property is damaged and you have to relocate, this insurance will help. It will cover the cost of relocating and more.
- Business Contents Insurance – Do you rely on computers and other equipment to keep your business afloat? With business contents insurance, you can replace your valuable equipment when it is stolen, lost, or destroyed.
- Cyber Insurance – Are you worried about a cyber breach? Don’t be. Get cyber insurance so you can deal with such problems effectively.
How To Get First Aid Instructor Insurance
Getting first aid instructor insurance should be quick and easy. All you need to do is team up with a reliable insurance agent. To get started, you should contact the industry experts at ProfessionalsCoverage. They know the Canadian insurance industry better than anyone. They’ll be able to help you find a good insurance broker so you can protect your business before it is too late.
You biggest asset in life is your earning ability. If you are unable to work, you will need to rely on either your savings or borrow money to sustain your lifestyle. When these unfortunate circumstances occur, dependents and spouses are also impacted financially and emotionally.
Disability insurance coverage will provide you a monthly income benefit, usually totaling 70% to 80% of your income, when you are unable to work for a period of time due to injury or illness.
Types of disability insurance
- Long-Term Disability Insurance (LTD)
- Short-Term Disability Insurance
- Key Person Disability Insurance
- Self Employed Disability Insurance
- Mortgage Disability Insurance
- Temporary Disability Insurance
- Supplemental Disability Insurance
Need coverage in effect? Compare the market!
FAQ before purchasing liability insurance
- How much professional liability insurance do I need?
- How do I get a liability insurance policy?
- What does professional liability insurance cover?
- What is the difference between claims made & occurrence form of coverage?
- When will I need to be insured?
- What other professions need this type of insurance?
Other useful posts you should also read
- Canadian insurance companies that provide professional liability insurance
- How does the claims process work if I get sued because of my professional services?
- What is the cost of professional liability insurance?
- How do I apply for a professional liability insurance policy?
- How do I qualify for coverage as a professional service provider?
- What is the purpose of getting insured as a professional?
- How long will it take to get an insurance quote for my business?