No matter the haircut or beauty treatment a client is asking for, your job as a Cosmetologist is to help them look their best. Whether it’s a bolded change of hair color or skin treatment, you must follow a procedure to get the results you aspire. To become a licensed Cosmetologist, you’ll have to follow the training and licensing process necessary so you can practice your job.
Most of the time, the equipment you use as a licensed cosmetologist – makeup, scissors, tweezers, nail files, razors – make your craft easier. But these tools not only have the power to transform your client’s look; they are also known for the liability risk they represent for the Cosmetology business.
- Nail technicians
- Make-up artists
If you are a practitioner of one of the Cosmetology careers mentioned above; you know the risks of allergic reactions when you apply beauty products. In some cases, you could even be held liable if a nail product damages or stains the premises where you work. Without an insurance policy, you’ll pay for third-party property damage or a client’s bodily injuries out of your pocket.
You will want your Cosmetology Policy to include the policies for Professional Liability, General Liability, and Products Liability. These Insurances protect your business revenue from property damage, bodily injury, and liability claims.
- General Liability:
This policy is in charge of third-parties physical or property damages inflicted by you or your business. For example, if a treatment you provided causes bodily harm to a client, you could be held liable for the medical bills. If you have Cosmetology Insurance, your customer would need to present a claim with the insurance company.
The General Liability Insurance covers you in case a client’s property is damaged while you work. If one of your business tools causes a small fire in the bathroom or a product spills on delicate hardwood floors; General Liability can cover the costs of damages after a claim.
- Professional Liability:
The Profesional Liability Insurance is also known as Errors and Omissions or Malpractice Policy. Offers coverage for claims made regarding the profession you practice. If you don’t have insurance at the moment a suit is filed you could face business interruption and ruin. When you work on the Cosmetology field, you treat with people and their image on a daily basis. Which is why you have to be covered against these type of incidents.
Let’s say a client pays your service to get acne clearing facial; that day, he feels abnormal pain in his face and goes to the hospital. He claims you are the one to blame of his facial injury and have to pay for the medical fees. At this moment, the Professional Liability Policy would take care of the claim and assign you an attorney. All expenses are covered including legal fees and settlements if found guilty. If you are found not guilty, you could get financial compensation because your company was out of business for the duration of the trial.
- Products Liability:
Despite the hard work you put to ensure the products you use are high-quality, there is still the chance that those products fail to work correctly during a beauty treatment. These product defects represent serious risks neither your clients, your business or you can afford. Products Liability covers the expenses from litigations originated from product or equipment malfunction.
Get The Right Coverage
Even if the owner of the barbershop has Professional Liability Insurance, you may still be required to have your policy if you are renting space. If this isn’t a requirement in the place you work, it’s a wise decision to get insured anyway. You have to understand how your Insurance protects you from making sure you’re getting the coverage you need. Whether you work for yourself or in a salon, insurance is the best way to protect your assets and the future of your career. Get in touch with one of our agents and get a free consultation right now!