Reiki Liability Insurance

Reiki insurance is a type of professional liability insurance (also known as malpractice insurance or errors & omissions insurance). Professional liability insurance may cover the legal costs for negligence claims or bodily injury to a client. As an example of how professional liability insurance could protect your business, imagine a client accusing you of providing a treatment that directly made their condition worse, so they sue you. Professional liability insurance could provide financial protection for legal fees and potential medical costs.

For comprehensive coverage, there are other policies that should be included in your reiki liability insurance:

• Commercial General Liability (CGL) Insurance: This coverage, also known as ‘slip and fall insurance,’ protects your business against common liability risks. These are risks that can happen during day-to-day business operations, such as third-party property damage or injury to a client. For example, a client falls off of your reiki massage table and hurts their back. In this scenario, CGL insurance could cover the medical costs and other related costs.

• Commercial Property Insurance: If you own or rent a studio for your reiki practice, commercial property insurance can provide protection to your location and business-related equipment against risks like fire, theft, and vandalism. For example, if a window was broken by a heavy hailstorm, this policy could provide financial protection to replace the damaged window.

• Cyber Liability Insurance: This coverage is necessary for any professional who stores client information, confidential data or conducts virtual consultations. Cyber liability insurance can cover costs associated with electronic incidents involving your technology systems and customer data, such as incident response and breach management fees. For example, if there was a security breach and your client data may be compromised, this coverage could cover the financial costs of notifying clients and securing your data.