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Insurance Policies That Are Tailored For Your Salons – What Exactly Do You Need?

It goes without mentioning that the beauty and health industry is booming in the UK. As a whole, the entire beauty industry employs more than almost a million people in the nation and it is thought to be worth 18 billion pounds. This market is rather an exciting one for barbers, nail bars, hair salons and beauty salons. Just as it is gaining popularity, at the same time it is also an industry which is exposed to consumers and hence can incur different types of risks.

If you’re someone who is looking forward to build a brand in the long run, you have to understand the all-encompassing role of salon insurance which is required in meeting legal requirements of a business. The right insurance coverage also safeguards your business against unpredicted odds.

The Requirement for Assessment of Risks

Only when there is a thorough assessment of risks, you can identify the best insurance policy and the level of coverage. This is also a vital part of creating awareness as long as understanding the potential issues which come up in a salon environment are concerned.

Insurance Policies That Are Tailored For Your Salons – What Exactly Do You Need?

What are the Legal Requirements?

Though salon insurance requirements usually don’t have a legitimate basis, apart from the necessity to have employer’s liability insurance, any risk assessment will tell you that there are several good reasons behind why this is important for a salon’s survival. Here are few insurance policies a salon may need:

  • Public liability: In case a customer or a client is hurt within your salon premises, you could be sued for a huge amount which you may find it tough to shell out of your pocket. Trips and slips are few of the ways due to which several salons landed up in the court.
  • Employer’s liability:The staffs who work in your salon can make claims for compensation for ill health, accidents and other instances. As long as legal requirements are concerned for your salon, you definitely need employer’s liability cover, regardless of the sector in which you’re operating.
  • Treatment liability:One of the most common allegation or claim which a salon receives is from a specific treatment which has been offered in the salon like allergic reaction or a burn. You should therefore ensure having the best coverage for such treatments.
  • Theft and damage:Anything from theft and fire to vandalism could be harmful for a salon business which depends on its premises for earning profits. Make sure you Salon Gold insurance cover your business against such damages which could have had serious consequences in the near future. For instance, this coverage can be for loss of equipment or stock, profits or loss and damage to the premises too.

Therefore, when you have a salon, make sure you have all the above mentioned insurance coverage in order to protect the rights of the salon. Although all of them are not legally required, yet you may still have them for your own safety.


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