As an eyelash extension expert, you are trained in the fine detail of working to beautify your clients. These cosmetic treatments are in ever increasing demand as part of the growing multi-billion dollar esthetics industry in Canada. How can you best protect your in-demand business?
We know that with any personal care treatment comes an element of risk. Whether it is extending your clients eyelashes with products and adhesive to add pigment to the skin, you are involved in intricate work. After all, you are dealing with a wide variety of clients and with a delicate physical area of the body. You need a risk management strategy to protect your business in the form of Eyelash Extension Insurance.
What is Eyelash Extension Insurance?
As a lash technician you face risk associated with both the treatments you give and the equipment and products you use. Eyelash Extension Insurance protects you as the eyelash technician against risks you face as you perform your work on your clients’ delicate eye area.
While your business is different from other eyelash extension providers, you need to consider a comprehensive insurance package that includes coverage in the following areas:
Commercial General Liability Insurance – this coverage protects you against third-party claims, such as slip-and-fall injury or property damage.
Product Liability Insurance – this policy protects you against risks associated with the products you use in eyelash extensions and microblading. Each client is different and you have to be prepared for allergic reactions, chemical burns and other scenarios. It’s better to be safe than sorry.
Commercial Property Insurance – this coverage protects your business premises and the property inside from risks like fire, theft or vandalism. This coverage also typically includes business interruption insurance, which covers income loss following an insured event.
What are the scenarios where you would require the coverage listed above?
- Your client has an allergic reaction to one of the materials you use to enhance their eyelashes and experiences a prolonged and painful reaction. In the event your client decides to sue for bodily harm, your Product Liability Insurance could cover your legal fees and any medical fees incurred by the customer.
- One of your workers spills water on the floor of your salon and your client slips and falls. Your Commercial General Liability Insurance could kick in to cover any action brought by your client against you, including covering any medical or legal fees.
The amount and type of coverage you require for your Eyelash Extension or other beauty business will depend on your particular circumstances and business setup. Speak to an ALIGNED agent about customizing your coverage and including additional options like cybersecurity to your insurance package to meet the specific needs of your business. Ask us about your options today.