Why you need Aesthetics, Beauty and Cosmetics Insurance
An unnecessary cost?
Owning a business comes with a lot of unforeseen and unavoidable costs. For start-ups and sole traders, avoiding costs where possible is common and often necessary. However, though it might be tempting to delay sorting your Aesthetics Beauty and Cosmetics Insurance, you could actually be risking your entire business and any assets associated with it by not having it.
Why do I need Aesthetics, Beauty and Cosmetic Insurance?
Like all businesses, there are a number of risks involved in the cosmetic, beauty and aesthetics industry.
As soon as you come into contact with customers, deal with personal information or simply employ another person, you’re at risk and liable to claims made against you should anything go wrong.
Although we’d all hope that it never happens, it’s important to cover yourself and your business with the correct insurance, just in case it ever does.
This is particularly important if your business offers beauty or cosmetic treatments of any kind. You are at greater risk due to the nature of your work, your direct physical involvement with customers and the products and equipment required.
Claims in relation to treatments can often only become known months or even years after the actual treatment took place. Having the right, continuous cosmetics insurance in place can not only protect you for current treatments, but also ones conducted in the past.
Who is Aesthetics, Beauty and Cosmetic Insurance for?
As a business within the beauty, cosmetics and aesthetics industry, your equipment and products are likely to be expensive and are therefore vulnerable to damage or theft. You’re also exposed to claims by customers should they react badly to a product you use on or sell to them.
Cosmetic, Beauty and Aesthetics Insurance is designed for business who deal with cosmetic procedures and the risks they bring, day-to-day.
Beauty, Cosmetics and Aesthetics insurance is recommended for:
- Medics and Non-Medics
- Sole traders and individual practitioners
- Mobile & salon-based practitioners
- Aesthetics (non-licensed) practitioners
- Medical professionals
- Beauticians
- Makeup Artists
- Tattoo artists (and removal)
- Hair salons
- Cosmetic clinics
- Tanning salons
What does the Insurance cover?
Working in the beauty and cosmetics industry means that you are vulnerable to several high-risk situations on a daily basis across your property, clients, equipment, products, data and staff.
To protect you against these many risks, Cosmetic Insurance can cover the following:
- Professional indemnity & treatments
- Public/General Liability
- Products Liability
- Breach of professional confidentiality
- Cyber and data breach
- Reputational harm
- Business Interruption
- Personal Accident
- Contents insurance
How do I purchase beauty, aesthetics and cosmetic insurance?
In order to be sure that you’re taking out the right cover for you and that you only pay for what you need, choose a reputable company with good reviews and experience.
For the best and most bespoke policies, choose an insurance broker, like SJL Insurance Services. Our teams understand your individual business needs and have access to a variety of options to best suit you. Contact us today to find out more or request a quote now!
Visit our Aesthetics, Beauty and Cosmetic Insurance services page.
