Beautician Insurance for your Business

Arrange customised packages to protect beauticians and beauty business owners

Being in the hair, beauty, and cosmetics sector imposes many risks. A lot can go wrong, and sometimes it can be out of your control. With such mishaps, you need to be prepared for any potential claims to secure your reputation and valuable assets as a business.

This is where insurance comes in. It helps protect you from lawsuits and covers the financial aspects associated with legal fees and compensation claims. With the help of insurance, you don’t have to deal with the full impact of the loss.

Business Insurance Packages for Beauticians

At Sparrow Insurance, we can give you more security for your investment. We will assess your business operations and your requirements. This allows us to create a customised insurance package for you and your business. 

Here are some business insurance covers that you can have to create a custom insurance package that will meet and cover your needs:

Commercial Property Insurance

This is one of the most important business insurance coverage every beauty business owner should check. This type of insurance is useful in events wherein there is property damage to your equipment, furniture. It covers you from insured events such as fire, storm, or theft.

Professional Indemnity Insurance

As beauty therapists, you and your employees will no doubt be giving professional advice and treatment. In the event that such advice or services result in damage, injury, and claims are made against you, professional indemnity can help cover the costs.

Public Liability Insurance

You would be held liable for accidents that happen within your property that resulted in injury or death. Whenever this happens, you can turn to public liability insurance to help cover claims. This is an important salon insurance cover that all hair, beauty, and nail businesses need.

Workers Compensation

This type of salon insurance policy will cover your workers who got injured whilst doing their business activities. It may cover your employee’s medical treatment, disability, or even death. In Australia, workers compensation insurance is mandatory for businesses; however, there are varying rules and regulations across states and territories.

Product Liability Insurance

As a beautician, you may have products that you manufacture or sell. In events when these products cause injury or damage to your clients, you may be held liable.

Which Beauty Businesses Are Covered?

Not sure if your business should have insurance? Generally, all and every type of business should have insurance. This helps you secure your assets and keep your investments safe, especially when it comes to your financials. Here are some specific beauty industries that beautician insurance may cover:

Hair Salons

Spa Salons

Nail Salons

Beauty Salons

Hair Beauty Products

Cosmetics Store

Get insured with the cover that fit your needs

With a network of insurance brokers in Australia, Sparrow Insurance can help arrange customised business insurance packages for beauticians and salon owners.

We understand that every business has unique needs and varying risks, that is why we take into account your specific requirements.

  • Step 1: Visit our website to check a range of products.
  • Step 2: Learn more about the policies. With a business insurance review, we can assist you with choosing the policies so we can customise a package specifically for your business.
  • Step 3: Get a quote from us.

With the beauty industry thriving, you also need to secure your reputation and your assets. Protect your business with business insurance. Request for a quote online today.

FAQs

How much does this insurance cost?

The cost would depend on the level of cover you get. Adding more business insurance products would also mean additional cost. However, you get more protection from it.

Are there many types of insurance?

Yes, there are a lot of insurances and some types are more useful for specific businesses than others. This is why you need to know and learn about the types of insurance to know which one best suits your business that will cover all your needs.

What is the difference between Professional Indemnity and Professional Liability?

Professional indemnity is associated with negligence or mistakes from the professional services provided. PI policy covers professionals from such forms of claims of malpractice. Whereas professional liability can be any form of action that you are held liable for. In the business setup, this can be a liability within business premises (public liability) or liability with the use of products (product liability).

Do I need an established business name to get insurance?

No. Any business can secure insurance policies as long as you show proof that you can pay them as most insurances are paid on a monthly or annual basis. This is also ideal for startup salons or cosmetic business owners.

What are your other services?

We offer a variety of services or insurance for our clients. You can check our list of insurance services here: https://www.sparrowinsurance.com.au/beauty-insurance/

Where can I find your website?

You can easily click on this link to find our website and get a quote today. We also provide a summary of our packages and what they cover: https://www.sparrowinsurance.com.au/