Beautician’s businesses today often offer a huge range of services, from massages and manicures to waxing and spray tanning. Because the nature of services at a beauty salon is treatment-based, it is absolutely vital that the right insurance is in place to cover you in any instances of damage to a customer or employee as a result of the business. It is also important to get the normal insurances associated with running a business, such as buildings insurance and employers’ liability insurance. If you own a beautician’s business, getting the right cover is quick and easy with Proper Finance.
Treatment liability insurance is similar to public liability insurance, yet it is more specific to businesses that offer treatments. This includes beautician treatments such as facials, manicures and pedicures, eyebrow waxing and threading, and many more. Whilst public liability insurance will cover the costs of defending an allegation of negligence resulting from the running of your business, an allegation that a specific treatment has caused injury to a customer of yours will only be insured if the policy includes treatment liability insurance. Our specialist insurers at Proper Finance will be able to get you properly insured today.
It is a legal obligation for your company to have employers’ liability insurance. You can be fined up to £2,500 every day you are not properly insured. Employers’ liability insurance will cover either all or some of the costs of any legal action an employee may take against you as a result of injury or illness caused by work. The amount of cover you will receive will depend on the policy you choose. It is important to remember that even former employees can still make a claim against you or your business.
Buildings insurance is useful for any business owner, whether the business is run from a commercial property or from a residential property. Buildings insurance will cover you if any damages occur to your storefront, be it the result of a burglary or some other form of destruction.
In the event of a fire, flood or vandalism, your property may need repairing and in this time, you cannot rent out your property to tenants. However, your buildings insurance can pay for all the repairs provided it is part of your policy and also pay for any loss of rent during this time.
In order to have a beautician’s business, you need a lot of equipment to carry out your services. This may include tools and materials used for treatments such as waxing, threading, and manicuring. If these items were to be damaged or stolen, it would be very hard to keep your beautician services running; for this reason, business equipment insurance is vital. You can get this type of business equipment insurance either separate to your general business insurance, or as part of your entire policy. The terms and conditions will depend on what your chosen policy provider can offer you.
It is important that you take the time to accurately calculate the value of your business equipment when searching for business equipment insurance. This is to avoid the risk of under-valuing your items and not being recompensed appropriately to replace them, or over-valuing them and ending up paying higher premiums on your policy than necessary.
Being a beautician necessarily entails caring for customers on your premises. As a result of this, you become liable for anything that may go wrong on your business property. Public liability insurance is designed to help cover the cost of any legal fees that could ensue from such accidents, as well as any additional costs that might be involved. Make sure that you are able to run your beautician services safely by getting public liability insurance.
Getting great business insurance is easy with Proper Finance. Simply fill in a few of your details using our online form and you will be contacted by one of our specialist insurance partners. They will assist you every step of the way, helping you to get insured as effectively and quickly as possible. Alternatively, you can call a specialist directly and request a quote.