Protect Your Business Stock & Equipment
Whether you work in the health, beauty, or fitness industry, you are likely to be selling items to clients, and as a result, you’ll want to keep the contents of your stockroom as safe as possible. Whether you supply beauty products or fitness supplements, your stock is an investment you should want to protect from theft and damage.
Having stock insurance in place ensures that, in the unfortunate event that your products are rendered unsellable, you’ll be compensated with the funds to replenish them. Get an online quote with Salon Gold today.
What Do You Get With Stock Cover?
Salon Gold’s stock cover insurance policy keeps you protected whether you work from a salon or clinic, and can be added as an optional extra for those working as a freelance or mobile therapist. Our cover protects you whether your business is based in the United Kingdom, the Channel Islands, or the Isle of Man, and our policy also includes temporary cover (of up to 14 days) when working abroad (excluding the USA and Canada).
Our stock cover will be automatically added to salon policies, with an option to choose the amount of cover you need, depending on how much equipment and stock you have. If you work on a freelance basis, you may only want insurance on the minimum amount of equipment you have, which will need to be added on as an optional policy.
As well as stock cover, our salon insurance covers also come with a range of other policies to keep your business protected, such as employer’s liability and products liability. Employer’s liability is a legal requirement for any business that employs a team of people, which is why we include it as standard in our salon insurance policies.
We also provide professional treatment risk automatically, which offers protection against any legal liability for accidental damage or injury to a client or their personal belongings as a result of any treatments you undertake. This protection is also included automatically for workers in the holistic, health, and fitness industries, however is listed on our insurance policies as malpractice cover for workers in these fields.
Which type of Salon Gold policy do I need?
Find out which insurance policy is right for your business by clicking below.
We cover treatments and trades in hair, beauty, holistic, fitness and counselling sectors
- Barber Insurance »
- Beauty Therapist Insurance »
- Counselling/Psychotherapy »
- Face Painting »
- Gym Instructor/Personal Trainer »
- Hairdresser Insurance »
- Holistic/Complementary Therapist »
- Homeopath Insurance »
- Make-Up Artist Insurance »
- Nail Technician Insurance »
- Nutritional Therapist Insurance »
- Student Insurance »
- Trichologist Insurance »
- Abe Healing Insurance
- Acid Peel Insurance
- Acupressure Insurance
- Acupuncture Insurance
- Addiction Therapy & Counselling Insurance
- Advanced Electrolysis Insurance
- Advanced Sound-Wave Therapy Insurance
- Advanced Waxing Insurance
- Aerobics Instructor Insurance
- Alexander Technique Insurance
- Allergy Testing Insurance
- Angel Card Reading Insurance
- Angel Therapy Insurance
- Aqua Detox Insurance
- Aromatherapy Insurance
- Art Therapy Insurance
- Art Tutor Insurance
- Astrology Insurance
- Audio Sonic Insurance
- Aura Imaging Photography Insurance
- Auricular Acupuncture Insurance
- Aurora Therapy Insurance
- Ayurveda Insurance
For Salons & Fixed Premises
- Business interruption »
- Contents cover »
- Employer’s liability »
- Exhibition Cover »
- Failure of electric, gas & water supply »
- Failure of telephone line »
- Glass cover »
- Goods in Transit »
- Legal expenses cover »
- Money cover »
- Personal accident for hands »
- Products liability »
- Professional Treatment Risk »
- Public liability »
- Stock cover «
- 24 hour crisis & legal helplines »
Stock Insurance FAQs
Do I need stock insurance?
In the unfortunate event that your business is impacted by a burglary or natural disaster, your stock and equipment could be left damaged or stolen. Rather than spend your own money on replacing them, a stock cover insurance policy will take responsibility for the costs. We highly recommend taking out this insurance in order to protect you financially, so you’re not left worrying about how to afford this often-costly investment during a difficult time.
How much stock cover do I need?
The coverage you choose to take out will depend on the amount of the stock, its value, and equipment you have. For example, if you’re a barber, with only around £500 worth of stock and equipment, you likely won’t need to take out cover as high as £10,000. Generally, the more treatments and services you offer your clients, the more cover you will probably need.
Do I need stock insurance if I’m a mobile hairdresser?
While it isn’t necessary or compulsory to take out stock insurance as a mobile hairdresser, we highly recommend doing so. Your stock and equipment is crucial to your livelihood, so you should take every effort to protect it against damages or theft to avoid having to foot the bill yourself for repairs or replacements, in case anything should happen to it.
Do salon owners need stock and equipment insurance?
If you own a salon, you’re likely to keep a large amount of valuable stock and equipment constantly on the premises. This is why we automatically include stock cover for all of our salon insurance policies, to give salon owners extra peace of mind.
How much is stock cover insurance?
The cost of your insurance will depend on the cover you need, and whether you choose to take out any additional policies. Get a quote online today.