With a little more than 10 years in business, Insurance Canopy is one of the newcomers to yoga insurance. Insurance Canopy is an online small business insurance marketplace. Unlike insurance agents, who usually represent one insurance carrier, Insurance Canopy acts as a brokerage, linking their clients with any one of a number of different carriers.

On their General and Professional liability coverages, Insurance Canopy includes the same $2 million per occurrence and $3 million individual annual aggregate limits that beYogi’s yoga insurance policies provide. For products coverage, Insurance Canopy offers a $3 million annual aggregate but also includes “completed operations” within this coverage limit thereby possibly limiting the amount an individual claim will be afforded by increasing the “pool” of claims within this limit. beYogi provides a full $2 million annual aggregate just for product coverage without any additional hoops to jump through. 

Yes, with both beYogi and Insurance Canopy you will receive coverage in all 50 US states. Keep in mind, different states have different requirements for yoga teacher training or certification and/or licensure to begin conducting business. Always check with your state board for the requirement specific to your area.

No, Insurance Canopy does not provide an identity protection plan with their coverage leaving you and your ability to conduct future operations at risk should a cyber incident occurs. beYogi provides identity theft protection as an additional benefit to our members.

The Identity Protection plan is provided through our partnership with Identity Fraud, Inc. With this protection, members have unlimited access to certified fraud victim resolution professionals whose sole mission is to help you resolve your case, no matter how complex. With cyber incidents around the world occurring with greater frequency every day, it’s important to have protections in place should a cybercriminal target your personal data online.

Yes, Insurance Canopy specifically excludes Aerial yoga from their yoga insurance policies. With beYogi, we cover more than 350 different modalities and continually are adding more modalities to the list. We want our members to always be free to something new or offer multiple modalities to students without having to worry a mood-killer like their insurance exclusions. If you check out our list and don’t see yours covered, just contact us. We’ll talk it over with our underwriters to see about having your modality added.

Insurance Canopy does not list any form of member benefits on their website that would be included with their yoga insurance policies. By comparison, beYogi policies include $300+ in member benefits within a variety of yogi-curated discounts on gear and accessories, business resources, a free website, access to leading pose library, endless playlists, yoga teacher resources, and more, with additional benefits being added all the time.

Insurance Canopy includes only a basic number of coverage options for the rate of $129 per year. Conversely, beYogi includes incredibly robust coverage options made expressly by and for those that are teaching yoga, combined with more than $300 in member benefits, great business support tools, exclusive access to content, an easy and intuitive membership portal, and more, all for the low rates of $169 for part-time, $179 per year for full-time or $334 for two years, and offers students in yoga teacher training a comprehensive policy with the same coverage and benefits for just $60 per year. 

Insurance Canopy offers a claims-made policy. For a claims-made policy, any claim that occurs after a policy has expired would not be covered unless there was an additional time period of coverage purchased with the initial policy. This additional period within a claims-made policy is referred to in the industry as a "tail". By comparison, beYogi utilizes an occurrence form policy. This means that if a claim is filed after a policy has expired, as long as the incident occurred while the policy was still in effect, the claim is absolutely covered.

No, Insurance Canopy does not currently provide any policy for a student in yoga teacher training. Comparatively, beYogi chooses to make an investment in our future industry leaders and so offers the next generation of yoga instructors the same coverage limits and membership benefits as our professional insurance policies, offered to yoga teacher students at the incredible rate of just $25 per year.

Insurance Canopy is a marketplace for small businesses to find different insurance carriers. Insurance Canopy is not like an agent working for one carrier rather they act as a brokerage and present multiple carriers to a client. With beYogi, you aren’t working with a brokerage trying to link you up to different carriers, rather you receive our own brand of yoga insurance made by yogis, for yogis.

Insurance Canopy does not list any coverage options for yoga instructors teaching online. Conversely, beYogi covers you no matter where you decide to provide instruction - from studio, to the great outdoors, to the world wide web.

No, Insurance Canopy does not provide a free, professional website with their policies. beYogi chooses to provide a free, professional, and customizable website to our members to help them acquire and convert online traffic. We’ve found this partnership in our client’s business’s success to be paramount to the beYogi tribe’s growth as leaders in the field of yoga insurance.