CyberShield PLUS+ provides extensive protection against the complex and evolving world of cyber threats, including:

• Direct Cyber Liability Coverage: Protects you against lawsuits and regulatory actions resulting from data breaches, including PCI non-compliance, privacy policy violations and unknowingly passing along malicious code.
• Protection Against Cyber Extortion and Ransomware: Covers costs associated with cyber extortion demands and ransomware attacks on your data.
• Restoration Costs: Includes coverage for the replacement or restoration of damaged or destroyed electronic data.
• Wider Expense Coverage: Covers expenses for cyber forensics, state notification requirements, public relations to protect your reputation, call center expenses, and more, ensuring a smoother recovery.
• Fraud Protection: Covers losses from events like computer and funds transfer fraud and social engineering.
• Alternative Balance’s CyberShield PLUS+ protection package offers coverage up to $100,000 per incident!

Check it out HERE to read more about it!

Assault & Battery Liability: $25,000

• This coverage is designed to pay for damages and claims expenses for claims against you for assault or battery, up to the sublimit shown.

Communicable Disease Expense: $25,000

• This coverage is designed to pay for expenses for immunizations you are legally required to provide to your employees and expenses to properly sterilize your premises per CDC guidelines after an outbreak.

  **Not coverage for spreading communicable disease**

Please check out our Coverage & Pricings for more info!

No.

During the policy period, you cannot remove employees from your policy, however you can deactivate them in your account center. Upon renewal, you can then choose which employees need to be on going forward.

W2 employees can be added to your policy at any time. Independent contractors would need their own policy.

Yes! You can add employees to our liability coverage policy. Each individual employee that needs coverage must be specifically added as a scheduled employee on this policy. They must also be a W2 employee. If you only have 1099 contractors they will need to secure coverage of their own.

No, only W2 employees can be added to the liability coverage level policy.

Coverage will follow the insured employee so long as they are working under the policy holding Employer’s business name, and they must abide by all rules & regulations pertaining to their trade in the area they are working in.

No, only the Employer can add employees to their policy.

Yes, this policy will follow you wherever you go as long as you follow the specific state laws regarding the service you provide.

Alternative Balance members have access to purchase a Business Personal Property coverage plan to cover business equipment. You can find more information on this plan via your members only area when logged into your account at www.AlternativeBalance.com.

Yes, coverage follows you everywhere you teach or provide your services, anywhere in the world. You must be a U.S. resident and abiding by state and local laws for your specific trade(s) for the insurance to be valid.

We cover you recommending and using products during a session and selling pre-manufactured products if product sales make up less than 20% of your total income. This is designed to protect the recommendation, use, and sale of pre-manufactured products as well as any products, teas, tinctures, blends that you have made and use during a session with a client. If you are selling/distributing any other products that you manufactured, rebottled, repackaged, or relabeled or that are to be injected or used invasively, you will need a separate product liability policy.

You can purchase a membership complete with coverage at any time starting at $269. This also gives you flexibility with your work hours and you'll also have access to all our member benefits.

No, you would need special publishing insurance, which can be obtained through a local agent.

Yes, you will be covered to work in person as well as online!

Classes taught on the internet are covered under this policy.

We also recommend purchasing the Cyber protection package if you work online, but it is not required.

You can work anywhere in the world as long as you are working under the business name that is insured through Alternative Balance. You must also abide by all local rules and regulations pertaining to your trade.

Yes, professional liability insurance is commonly known as errors & omissions. You can purchase this coverage at www.AlternativeBalance.com.

Alternative Balance members have access to purchase a Business Personal Property coverage plan to cover business equipment. You can find more information on this plan via your members only area when logged into your account at www.AlternativeBalance.com.

As a U.S. resident, your liability insurance will cover you anywhere in the world.

For the most current coverage limits and deductibles (if any), please visit our Coverage & Pricing page.

For the most current coverage limits and exclusions, please visit the Coverage & Pricing page and scroll down to find the "Excluded Services" link.

We cover you recommending and using products during a session and selling pre-manufactured products if product sales make up less than 20% of your total income. This is designed to protect the recommendation, use, and sale of pre-manufactured products as well as any products, teas, tinctures, blends that you have made and use during a session with a client. If you are selling/distributing any other products that you manufactured, rebottled, repackaged, or relabeled or that are to be injected or used invasively, you will need a separate product liability policy.

The type of policy we offer does include business personal property as well as business interruption coverage! You can adjust your limits during the application process!

No, the Alternative Balance program does not cover the medical bills of the insured member even if the injury resulted from offering your services.

No, the policy is only in your name (as the professional). You can only add a business name or landlord.

If you own the business, you would want to list this information in the Policy Holder Business Information section of the application or in your profile.

Simply log in to your account. Go to "My Policies," then click the link to your current policy number. Scroll down and you should see a button that says "Add Additional Insured." Click that button, enter required information, click submit, and then you can download and/or print your certificate. If you include the Additional Insured's email address, then they will automatically receive a copy of the certificate via email.

An additional insured (AI) is reserved for a business name or landlord you want listed on the policy. It is not for other professional providers and/or co-workers.

When you add a landlord or business name to your policy as an AI, you are extending your policy coverages to protect them from any lawsuit that was caused by your negligence.

The Incurred Period (or Incurral Period) means the time period the covered loss or covered expense must be claimed. The Incurred Period begins on the date the accident causing the loss happened.

This is the period of time between the date of the accident causing injury to the participant and the date when no further eligible expenses may be incurred by the injured participant.

This sublimit is the most the policy will pay for dental services required as the result of a participant's injuries from an accident.

Expenses incurred for dental services are also subject to the Maximum Accidental Medical Expense Benefits.

Accident Medical Expense Benefit is what the policy will pay for medical services expenses if a participant is injured. This covers costs like emergency room charges, doctor visits, hospital bills and other similar expenses.

This is the most the policy will pay for Accidental Death, Dismemberment and Paralysis benefits total during the policy period.

This coverage pays the injured party or their beneficiaries a set amount of money if they die, lose a limb or are paralyzed as a direct result of an accident at your facility or while participating in a covered activity.

This coverage will pay the expenses to extract pollutants from land or water at your covered locations if the pollutants results from a covered incident that occurs during the policy period.

This limit covers loss of business money and securities resulting from theft or destruction while at a bank or savings institution; within the homes of you, your partners or any employees with authorized custody; at your business location; or in transit between any of these places.

This limit is for additional property that you newly acquire during the policy period. If the newly acquired property exceeds the limit of coverage selected for your policy, then the additional coverage will apply automatically for 30 days or until the policy expires (whichever comes first).

The Total Insurable Value (commonly called TIV) is the total you want covered on the policy! Simply add together the value of your Business Personal Property and your Business Income & Expenses amounts.

Example:
Betty's Barre Studio owns $35,000 in business personal property (mirrors, barre, flooring & audio equipment used for classes) and her monthly business income & expenses are around $15,000 (rent, income, payroll). Betty will want to plan for the following coverage amount:

Tenants' Improvements and Betterments coverage is a type of property insurance for an insured who is leasing space in a building and needs permanently installed fixtures or improvements to perform their business functions (for example, mirrors and a barre installed in a dance studio).

The tenant adds those features at their own expense. However, those fixtures or improvements become the property of the landlord unless there is a loss or damage to those improvements. In that case, the tenant is responsible for repairing or replacing those fixtures and improvements. This coverage is intended for those types of repairs and replacements.

Business Interruption & Extra Expense insurance provides coverage when your business shuts down temporarily due to a covered loss. This helps replace your income and covered expenses like rent, payroll and other financial responsibilities during times when your business is not able to operate.

The coverage amount is the dollar amount you choose that the insurance company will pay total during the time your business is unable to operate. We recommend planning for a maximum of 3 months of business income and expenses.

Business Personal Property (commonly called BPP) means the movable items owned by your business (such as equipment, computers, supplies, furniture, etc.). The property could be located in your home office, office building, gym, studio or other location you work from.

BPP also includes property of others in your "care, custody, and control," which basically means their property is in your possession. Coverage only applies to equipment in the United States.

This coverage "floats" with your business property that is not a permanent structure. This "floater" coverage protects you for total loss, damage and theft of your movable business property.

Your business property means movable items owned by your business (equipment, computers, supplies, furniture, etc.). The property could be located in your home office, office building, gym, studio, or other location you work from. In addition, your clients' property is also covered while it's under your care (such as during a training session). Coverage only applies to equipment in the United States.

Defense Costs coverage is included in our general & professional liability insurance coverage limits. Defense Costs refers to all the costs of defending against a lawsuit. These expenses include the cost of hiring a lawyer, court fees, investigations, gathering facts, filing legal paperwork, and other related costs.
This is often the most important aspect of protecting you if you are being held liable for bodily injury or property damage resulting from your services.

A policy providing liability coverage only if a written claim is made during the policy period or any applicable extended reporting period.

Coverage will respond to incidents arising from the coverage period, regardless of when those claims were reported.

The maximum amount your policy will pay in a 12-month period for bodily injury and property damage claims that result from the products you use to perform your services. However, it does not cover products that are sold or distributed that you've altered in any way.

The maximum amount the insurance carrier will pay for any one bodily injury or property damage claim that you become legally obligated to pay due to your business and professional services.

The maximum amount your policy will pay in a 12-month policy period for bodily injury and property damage claims that you become legally obligated to pay due to your business operations and professional services.

Insurance for a professional practitioner that will (1) defend suits instituted against him/her for malpractice, and (2) pay any damages set by a court, subject to policy limits.

A form of insurance designed to protect practitioners from liability exposures arising out of accidents resulting from the premises.

Our liability policy is backed by LIO Specialty Insurance Company.