Hair & Beauty
Hair & Beauty Insurance is a tailor made collection of insurance covers for hairdressers, beauticians or newer trades like masseurs etc who rent space in salons and require protection for their businesses.
Key Features
There are usually two key parts to Hair & Beauty insurance:
Public Liability and Employer's Liability. This is part of the type of insurance that you actually buy. There are also other areas covered which give you cover if you are using salon/sun beds or use any other specialist type of equipment.
Who is it for?
- Hairdressers, Barbers
- Beauticians
- Manicurists/Pedicurists
- Masseurs
- And many types of businesses run from home
Benefits
- Cover required under law - if you have employees you will require Employer's Liability cover legally
- Public Liability Cover - Cover for your dealings with the public or those you trade with
- Immediate documentation - you can receive your insurance documents seconds after buying insurance through our system, without having to wait weeks for them to arrive by post
- Additional insurance - for working with sunbeds/solaria and other types of specialist beauty products
- Peace of mind - your business is covered, leaving you to get on with running it!
Things to watch out for
- Limit of Indemnity - some insurers will quote you a public liability cover from £1m to £5m. You may only need £1m of cover. However if you do need £5m of public liability cover, make sure you get the right quote
- Optional covers - Some insurers have optional covers like tools already included in their policy. Others charge you an additional amount. When comparing quotes make sure you compare the same types of cover
- Excess - Losing £1000 worth of tools is one of the most common claims, however your excess may be £500. You might have to pay this to make a claim, which will mean you might only receive £500 back from a particular insurer. Check the amount of your excess
- Working outside EU - some insurers won't cover you if you do any of your work outside the European Union, others will only give you insurance if you stay within mainland UK.
- Multiple jobs - Many beauticians might have multiple jobs, e.g manicurist and hairdresser. Make sure you tell your insurer all of what you do. For example a masseur is not the same as a yoga teacher, and they receive different types of cover
- Exclusions - Specific activities are excluded by insurers. Read your policy documents know which, if any, apply.
- More employees - If you take on more employees in the middle of your insurance year you need to adjust your cover. Changes to your policy are called "mid-term adjustments"
What are the next steps?
- Know your business - Make sure you inform the insurer about all aspects of your business. For example, how many employees you may wish to hire during the year, the number of additional chairs you plan to rent.
- Wages - knowing your total wage roll will help get the right type of coverage
- Start date - Insurance prices change frequently, evaluate your desired start date, you may wish to have the insurance start at the beginning of a particular project
- Compare insurers - check the type of cover you want by comparing a number of insurers to see if the policy being offered is at the right price, with the correct degree of cover. Make sure you get multiple quotes for comparison.
Compare Quotes
Compare, Decide, Buy
Frequently asked questions
Am I covered for this activity?
As long as you fully inform your insurer of the types of activity you undertake, then the policies are structured to cover behaviour that is consistent with a particular trade.
What happens if I cut my friends hair at her house?
Most polices for beauticians cover you both based at home or not (but not always in a shop). So cutting your friend's hair/ or cutting hair away from home at someone else's house would usually be covered.
I don't recognise the Insurer name
Most specialist insurers usually go through brokers and don't sell direct to the public. All the insurers we work with are regulated and authorised by the Financial Services Authority, the UK's regulatory body.
Do I need Employer's Liability?
If you have employees, the answer is usually yes. If you are a single person company, the answer is usually no.