Medispa Business Insurance

Your Medispa Business is in one of the fastest-growing sectors of the wellness industry. As this type of business owner, you provide non-surgical medical procedures that are focused on improving not only your clients’ appearance but also overall health. Medispas help clients alleviate health issues and often improve appearence with regular treatments. You likely have medical professionals on staff or on call, including doctors, nurses and nurse practitioners, in addition to other aestheticians and spa staff. 

This field is changing and growing rapidly, and as a Medispa Business owner, you have to keep on top of it all. Working with ALIGNED will help ensure your insurance needs are taken care of, so you don’t have to add this to your list of concerns. 

Medispa Business Insurance
Looking for Medispa Business Insurance? Contact us HERE to get an online quote now!

What type of insurance is important for a medical spa? 

For your medispa, you have to consider anything that could go wrong during the operation of your business. Having a range of professionals under one roof is ideal to treat your clients, but for you as a business owner, it does present some challenges. 

For example, if one of the treatments you offer goes wrong in any way, it can come back on you as the owner of the business to pay damage and any other costs even if the individual providing the service has their own insurance. Added to this is the general liability that comes from having customers onsite at your business, so there are several coverages you need to consider. 

At ALIGNED, we are here to make sure you get the best insurance risk management solutions that are customized for your particular business. 

Insurance options to consider for your Medispa Business

There are several coverages that you should consider and discuss with one of our Advocates for your business, including: 

Property Insurance coverage will protect your physical location and business assets from unexpected events like water damage, sewer backup, fire, extreme weather and vandalism. 

Professional Liability Insurance (also called Errors and Omissions Insurance) protects you and/or the spa itself in the event one of the medical staff you employ or subcontract to is named in a lawsuit alleging negligence or error during the course of offering services to your clients. 

Cyber Liability and Privacy Insurance coverage helps limit your liability in the event that your online data or customer information is accessed illegally or through a breach. 

Commercial General Liability Insurance protects you against claims of bodily injury or property damage as a result of the operation of your business or its advertising.  

Although it’s the last thing you want to think about, what are some of the instances when insurance coverage would be vital to protecting your business? 

  1. Your staff person mixes up the supplements given to a client, causing an extreme allergic reaction. The client names your staff person and your medispa in a lawsuit to pay for medical costs, missed work, pain, suffering etc.. 
  2. During a hydrotherapy treatment, a pipe bursts, causing flooding in your treatment room. You have to cancel the rest of the week’s appointments while you get the leak fixed and replace the expensive hydrotherapy machine. 
  3. A spa practitioner spills essential oil on the floor during a treatment and doesn’t clean it up properly. Your massage client slips and falls while exiting the room, causing a broken bone.

Find the Right Medispa Business Insurance from ALIGNED 

ALIGNED works with Canada’s top insurance companies to provide custom insurance packages at affordable prices. Click Here To Get A Quote or contact one of our business insurance experts for information or with any questions you may have.

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