beauty salon insurance

What is Beauty Salon Business Insurance?

Our Reviews

4.9 / 5 Based on 2600 Reviews
Read all reviews »
Share
Tweet
Share

Beauty salon business insurance protects your business against unexpected losses. It’s normally bought as a package that contains a number of different insurance covers, including:

 

Property insurance

This covers your business property against losses due to accidental damage or theft. The business property that you can insure includes the salon premises if you own the building rather than renting it, as well as the contents such as the fixtures and fittings. You can also insure your business equipment and your stock.

 

 

Liability insurance

This covers you if a compensation claim is made against you. As well as paying any compensation awarded, other associated costs and expenses such as legal fees are covered. Your liability insurer will help you deal with any compensation claims so you won’t need to worry about having to deal with potentially complex legal issues.

Employer’s liability insurance covers claims made by your employees. Public liability insurance covers claims made by other people. Products liability insurance covers claims arising from defects in products that you have sold or supplied.

Employer’s liability insurance is required by law if you employ anyone. Public and products liability insurance aren’t legally required but some compensation claims can end up costing over £250,000 to settle so it is important that you have this cover.

Your public liability insurance should contain a financial loss cover extension so that claims for purely economic losses are covered. Otherwise, you would only be covered for claims involving injuries or property damage.

You should also make sure that your liability insurance includes treatment risk cover because otherwise you would not be covered if the claim arose from your provision of beauty treatments, so many potential claims would be uninsured.

 

Legal expenses insurance

This covers your legal costs if you become involved in legal action. Your legal expenses insurer will also help you deal with the legal action to ensure that there is the best possible outcome.

A range of different types of legal action are covered.

 

Personal accident & sickness insurance

This type of insurance covers you if you are unable to work because you have been injured or you’re ill.

A weekly benefit is paid if you are off work temporarily. If you won’t be able to return to work, a lump sum is payable instead.

Related Articles:

Our Reviews

4.9 / 5 Based on 2600 Reviews
Read all reviews »

Very helpful and informative for first time user

4 hours ago

The salon gold website was a dream to use! It took me no more than 10 minutes to be fully insured. I recommend this company 100%

14 hours ago

Thank you for an easy way of getting my insurance sorted.

on Aug 18th
This website is intended for customers based in the UK and is therefore subject to the UK regulatory regime(s) © Copyright 2019 Salon Gold | Salon Gold, Holistic Gold, Counselling Gold, Fitness Gold and Henry Seymour & Co. are trading names of Barkdene Limited which is authorised and regulated by the Financial Conduct Authority (FRN 303965) for our insurance distribution and credit broking activities. Barkdene Limited is a credit broker not a lender. You can check this on the Financial Services register https://register.fca.org.uk/. Registered in England No 1842617. Registered Office – Seymour House, 223 Wickham Road, Croydon, Surrey CR0 8TG. All rights reserved.
Get a Quote