About Business Insurance for Salons and Hairdressers
Your customers like to take care of their appearance and this is why they choose to use your services. Whether they want a colour or a cut they turn to you because they believe you have the experience and skills to give them what they want.
However, working in this way does put you at risk because if you fail to ensure that your clients are safe then this could cause them injury or financial loss. Regardless of how good you may be at your job there is always a risk that things can go wrong. If you incorrectly advise a client or if you act negligently then they have the right to make a claim against you. A claim can be submitted in an attempt to receive compensation or even recover financial losses. If you do not have the right insurance in place, then any claim made against you could prove costly but there is a solution.
Business Insurance for Salons and Hairdressers
Business insurance is there for you because it will protect your business if a claim is made against you. The costs involved with a claim can soon add up to thousands of pounds and paying for this yourself could cripple your business. Regardless of how skilled you are or how much experience you have, you could still make mistakes and this is why you need to protect yourself. When it comes to business making the right decisions can make the difference and this is why you need to have business insurance cover.
How Does It Work?
In your line of work there are many risks such as sharp implements, chemicals and equipment, all of which could cause injury, illness and financial loss for your client. Therefore, having business insurance will protect your business.
Professional indemnity insurance is the ideal insurance for your business because of the way in which you operate. Clients will ask you for your advice and they will expect you to work in a certain way but if you offer incorrect advice or work negligently then they would make a claim against you. If you recommend a certain product to your client and they have an allergic reaction to it that could hospitalise them then they will want compensation as well as any loss of earnings replaced. Errors may be unlikely but they are possible and this is why having this insurance in place is the right decision in every aspect.
While visiting your salon your clients are also exposed to risks where they could become injured. Public liability insurance will protect you from these claims, helping to protect your finances by covering costs. A client may slip on a wet floor or someone may spill a hot drink down them while they are having their hair done both of which could cause injury. If this occurs, then they will want to make a claim against you for these injuries as well as any time spent off work. This insurance may not seem important as you may believe the risks are low but incidents can occur at any time so protect your business by having the right insurance that covers all costs.
You will experience the following features:
- Every claims, regardless of its size will be covered
- All claims are assessed before payment is released
- Your business will experience the right protection
- All costs linked to defending claims and paying compensation are included
- The needs of your business are considered and this helps to select the right insurance
- Court costs are included
- Cover to match all budget
What Are the Benefits?
There are a wide range of benefits with this cover:
- Full compliance with laws, regulations and legal requirements
- Spend more time on your business
- Financial protection
- Advice is available along with representation
- Re-assurance knowing that your business is protected