What is Hair & Beauty Insurance?
Your job is to make your clients look and feel, a million dollars. We all know that feeling you get after a great cut and colour - the swish and smile - that’s what you’re selling as a Hair & Beauty professional.
The technical side is challenging and fast-paced, but the customer experience is second to none. So getting the right insurance in place to protect you and your clients if the worst happens, is just as important as that swish and smile.
What sort of Insurance do I need?
Depending on what services you’re offering your clients, you may need a couple of covers, including a Medical Malpractice (or Professional Indemnity) cover that protects you against claims for injury or harm due to negligent advice or specific beauty treatments.
Whether you’re working from a shop or home, or mobile and setting up at clients premises or multiple locations, your equipment and stock needs to be covered for all eventualities. A Business Pack will ensure your assets are protected against theft, damage from fire or storm, or even accidental damage or loss. Additional covers for theft of money, glass cover for fixed glass and mirrors, and things like tax audit and Business Interruption can also be included to add extra layers of protection for your business.
The very nature of your business means the risk of third party injury can be high. Trips and slips from un-swept hair or liquid spills or overspray’s, cuts and snips from scissors or razors, shocks from electrical equipment - there are a range of hazards that can pose risk to your clients. Your public liability cover is important to protect you against claims for injury or property damage as a result of negligence in your activities.
So whether you’re a hair specialist or you’re offering beauty services also, working with an experienced broker means you can rest easy and focus on what you do best, knowing you’re properly protected if the worst does happen.
This article originally appeared on MeyerInsure - Blog and has been published here with permission.
Advisr does not provide advice and does not hold a financial service license (AFSL). All information above has been provided by Laura Meyer.