Do life coaches need liab...

Answer 1

Short answer: Yes, life coaches need liability insurance. Longer answer: Because there is no such thing as a State Licensed Life Coach, one could well argue that the coaches liability INCREASES. (The coach would not be able to use the state licensing board to deflect accusations of wrong-doing/neglect/incompetence.) At a mimimum, a business owners' liability insurance policy should be in effect to cover the coaches business of life lesson consultancy. An additional personal liability policy would not be a bad idea too. The client could turn out to be in need of a real mental health professional - a shrink - and this is way above an beyond the scope of the services provided by a life coach. The client may well turn around and seek damages/restitution from the coach. The insurance to cover the liability is far, far cheaper and much quicker than being dragged into court. (Even a lawsuit that is eventually proven to be without merrit can take YEARS to discharge.)

Answer 2

,Yes Safeco has a great policy for Life Coaches. It's very cheap as well.

Answer 3

Stirling Insurance Group Ltd in Calgary, Alberta & SIG Insurance Ltd in British Columbia offers Professional & General Liability Coverage for Professional Coaches and organizations.

Answer 4

No life coaches do not need liab