Things don’t always go to plan in any industry, and this includes beauty salons. No matter what type of services you provide at your beauty salon, it is always a good idea to have insurance. Even affordable beauty insurance can protect you from a wide range of things, depending on the type of cover you decide to go with.
Beauty insurance is there to give you that peace of mind, knowing that if something goes wrong you are covered and you won’t have to lose your business. But before you finalize the type of insurance you want to go with, it is important to do your research so you find the best cover for your specific situation.
Have a read on below at some of the things you should get covered for when it comes to beauty insurance:
Public Liability Insurance
This is probably the most important type of insurance your beauty salon will need. Public liability insurance will cover you if someone gets injured on your property, or as a result of one of the treatments used.
Think about it, what would happen if you use a skincare treatment on a customer and their skin has an adverse reaction. The customer could sue you for damages to their skin. Having public liability insurance is essential for situations just like this.
Employee Liability Insurance
The second most important type of insurance you should consider getting covered for. Unfortunately, accidents at work happen every day, no matter how careful employees are. If any employee gets injured at work, you want to ensure you are insured if they need workplace compensation.
In a beauty salon there are a lot of different ways an employee could potentially injure themselves. It could be from picking up a heavy box and hurting their back, or cutting themselves with a pair scissors, and everything in between.
If your beauty salon sells products to customers as well, then you should consider getting stock insurance. This type of insurance will help cover you if anything happens to that stock, which could include damage, loss or theft or the stock.
This type of insurances is more important to get if the stock you sell or use is high end, and therefore expensive. Think about it this way, if you lost the products, how much money would it could you to replace them? If the answer is a lot, then you should consider this type of insurance.
There are a lot of tools and equipment that can be found in a beauty salon, no matter the type of services you provide. Things like massage chairs, manicure equipment, chairs with the basin to wash customer’s hair, are all expensive tools and would cost a lot of money to replace.
Not only does this type of insurance cover the damage of these types of items but also the theft of them as well. There are lots of things that could go wrong when it comes to your tools, so it is important to get insured, just in case.
Personal Accident Insurance
This type of insurance is important especially if your salon is particularly small and it is just you working. Personal accident insurance will cover you if you hurt yourself in an accident within or outside the workplace.
If you have an accident and you can’t work, then you are going to lose your only stream of income. So, having insurance will lessen the financial burden, giving you more peace of mind while you recover, and hopefully get back to what you love.