How Much Insurance Cover Do I Have? (Limit of Indemnity Explained)
Understanding how much cover you have is just as important as knowing what your insurance includes. Your policy provides a defined limit of indemnity, the maximum amount your insurer will pay in the event of a claim. This section explains what that means in practice and how your cover is structured.
When to Use This
Use this guide if you:
- Want to understand the level of protection your policy provides
- Are unsure what “limit of indemnity” means
- Need to check whether your cover is sufficient for your work
- Are working with venues or partners who require specific cover limits
What does the YogaPros Master Policy from Balens cover?
Combined Liability Cover (Your Core Protection)
Your policy provides a £6,000,000 (UK) and €6,500,000 (Ireland) limit of indemnity.
This applies:
- To any one claim (not shared across multiple claims)
- With unlimited claims per year
This means that each individual claim can be covered up to £6 million/€6.5 million, offering a high level of protection across your teaching activities.
Important Exception: Products Liability
The Products Liability section of your policy is structured differently.
Instead of applying per claim, it is:
- In the aggregate (a total limit across the policy year)
This means there is a maximum overall amount available for all product-related claims combined within the year.
Increasing Your Level of Cover
If required, you can increase your limit of indemnity to £10,000,000.
This may be relevant if:
- A venue or organisation requires a higher level of cover
- You are working in higher-risk or larger-scale environments
To request this:
- You will need to contact Balens directly
- An additional premium will apply
- You may be asked to provide a reason for the increase
Commercial Legal Protection Cover
Your policy also includes Commercial Legal Protection, with a limit of:
- £100,000 per claim (€150,000 per claim for the Ireland policy)
This supports you with legal costs in a range of professional situations, separate from liability claims.
Action Steps
- Check your current level of cover in your insurance documents
- Confirm whether £6/€6.5 million meets the requirements of your work or venues
- If needed, contact Balens to discuss increasing your cover
- Make sure you understand how aggregate limits (for products) may apply to you
Related Resources
- Understanding your insurance cover
- Claims made vs claims occurring
- What to do if you need to make a claim
Encourage Continued Learning
Insurance isn’t just about having cover, it’s about understanding how that cover works in real situations.
Knowing your limits helps you make informed decisions, meet professional requirements, and avoid gaps in protection as your teaching evolves.
If you’re unsure whether your current level of cover is right for you, it’s always worth reviewing it before you need it.
Related Resources
Understanding Your Insurance Cover as a Yoga Professional
FAQ
For any queries about the YogaPros member insurance policy or to check if your qualification meets Balens requirements, please contact Balens directly.
This guidance applies specifically to the YogaPros member insurance policy arranged through Balens. If you hold your own separate insurance policy, you should check the terms, conditions, and coverage directly with your insurer, as provisions may differ.