Introducing: Reinig Risk Management – a REX approved supplier of Risk Management services built to protect you from the unexpected. Our services help to identify your areas of exposure, areas of opportunity and paths to long-term scalability. If there’s anything we’ve learned in the last 18 months it’s that risk is even more unpredictable than …
Most think that purchasing insurance is a “set it and forget it” type of thing. Well, that couldn’t be further from the truth. Is insurance boring? It most definitely is boring. It’s extremely detail oriented, but it’s designed to protect you, the Gym Operator. Sure, you CAN just sit back and relax after setting up …
Proactivity Pays: Take Control of Your Insurance Costs Read More »
A lot has been written lately in the various health club industry publications addressing children’s programming and youth exercise. The obesity rate among American children was an average of 19.3% pre-pandemic and is now reported at 22% in children and adolescents since COVID hit. And that’s not the only number that’s growing – the BMI …
Teens and Tweens in Your Health Club: A Risk Worth Gym Operators Taking? Read More »
Purchasing insurance coverage for a health club, as many of you know, is not the easiest or most pleasant task an owner faces today. Deciding what type of insurance protection you need is only part of the exercise. Finding a reputable broker who can place your protection with a solid insurance company at a reasonable …
What Insurance Coverage Do I Need For My Fitness Club? Read More »
Insurance isn’t the sexiest topic. In fact, many people would rather not think about it at all – until they need it, that is. When the unthinkable happens, and you suffer a loss and have to submit a claim to your insurance company, you start thinking about your coverage again. And if it was a …
Business Interruption Insurance For Gyms: What is it and How Does it Work? Read More »
Workers’ Compensation billing is often confusing, time-consuming and expensive even for the most seasoned agents. ADP has long been the only option and the biggest name in Worker’s Comp payouts, but competitors are beginning to enter the field and the landscape is changing . If you’re looking for a simple solution offering better customer service, …
SmartPay: Finally, A Pay-as-you-Go Workers’ Compensation Billing Solution Read More »
Having a gym, pool, or fitness center can be a risky endeavor, but when your main clientele is children, your risks increase in unique ways. Children are adept at finding dangerous situations and testing them – remember watching your baby as she learned to roll over and remembering life just got a lot more complicated …
Due to increased cost of construction materials and labor, it has become increasingly important for all Club Owners to review their property insurance coverage. Whether you are leasing your space or own your building, the cost to replace your improvements and structure have increased significantly this year. What Is Co-Insurance? There is a little-known …
Co-Insurance Clause: How to Ensure Coverage and Avoid Penalties in 2021’s Market Read More »
One of the most important risk management decisions a new club owner should make is to have an attorney review the lease prior to signing. This may sound obvious, but it makes more sense when you look at it with insurance as the focus. Attorneys and their clients are focusing mainly on terms and conditions …
How a 5 Minute Lease Review Can Save You Thousands Read More »
Everyone has heard the term, well Millennials may have heard this from their parents, but “An ounce of prevention is worth a pound of cure”. That especially applies to the health club industry.
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