Since cosmetic tattooing leaves a long impression on an individual’s body, you should consider getting insurance. A lawsuit might arise if the color of scalp micro-pigmentation changes over time or if a pigment has an unfavorable reaction. For this reason, permanent makeup insurance can cover you against other costs like medical bills and legal fees.
Permanent Makeup Insurance is a reasonably priced liability insurance choice for those who specialize in micro-blading and permanent makeup. Getting permanent makeup insurance, supported by “A” rated insurance carriers and a dedicated customer service team, is essential whether you are an independent contractor or salon owner with numerous staff members and services.
Coverage Types for Permanent Makeup Insurance
The best insurance coverage for professionals who perform micro-blading involves some policies. In the permanent makeup and micro-blading sectors, every company is different. The following is a summary of insurance plans and details on how your company can be protected by them:
General liability insurance
General liability insurance, also known as “slip and fall” insurance covers third-party property damage and bodily injury. The most common scenario is when a client trips over the uneven tile and sustains injuries. Their medical costs would be paid for by this policy. Additionally, the policy also covers damages to a client’s personal belongings, such as ruined purses due to ink exposure.
Professional liability insurance
Professional liability insurance is crucial for service providers, especially those involved in personal services like permanent cosmetics and microblading. This is because it covers losses brought on by professional errors, and is referred to as errors and omissions insurance. This policy will pay for the legal fees and possible settlement if a client files a lawsuit against you. This is because they are dissatisfied with the way you handled their case.
Commercial property insurance
Equipment rental is common among micro-blading practitioners. Maybe you hire out the space in which you work. Then, you should insure your room against any damage so that you won’t have to pay for mishaps like dented walls. Owned rooms and equipment are even more crucial to insure since you will eventually need to replace or repair them. The type of equipment and property that need to be insured, as well as the amount of coverage required, will depend on the specific property’s condition. Therefore, you should discuss these details with your insurance agent.
Business owner’s policy
A business owner’s policy, or BOP for short, is a collection of policies that you purchase jointly to maintain affordability and convenience. The items included in a BOP typically represent the most prevalent risks that are inherently present in the business. Moreover, a company that offers permanent cosmetics and microblading would require coverage for property damage or theft as well as general liability if a client is hurt on your premises. Furthermore, professional liability insurance is an add-on to an existing policy.
Product liability
Businesses that provide permanent makeup or micro-blading use a variety of products that can damage clients’ property or themselves. This could include creams, pigments, color correctors, blades, and needles. It is essential to have product liability coverage to protect against claims of inadequate instructions and damages brought on by these products. If you use privately labeled products, it’s especially important to let your insurance agent know about this as you could be held liable if you don’t know about any defects or reactions.
Worker’s compensation
Because they are handling sharp objects like needles and blades, your employees run the risk of getting hurt. They will need medical care to get well and return to work as soon as feasible. Any injury that your employee sustains while working for you is covered by worker’s compensation. If you employ people, you must carry workers’ compensation in many states.
How Much Does Permanent Makeup Insurance
The cost of your permanent makeup insurance coverage will be determined by several factors, much like insurance for tattoo artists. The cost of your insurance will depend on some factors, including the size of your company, the number of clients you serve, and the number of employees you have.
Why Do I Need Permanent Makeup Insurance
A customer may choose to sue your company if they are dissatisfied with the lips, eyebrows, or eyelids that you have tattooed on them, or if they are hurt while getting the tattoo. If you don’t have insurance to protect yourself, you might have to pay for settlements or court fees out of pocket; you might also lose your company and run into financial and legal problems.
How Do I Get Permanent Makeup Insurance
Obtaining insurance for cosmetic tattoos is simple if you have your company’s details handy. Basic information about your business, including revenue and staff count, will be requested on our application. With the help of an insurance agent, you can purchase a policy online and obtain a certificate of insurance in three simple steps:
- Fill out a free online application.
- Evaluate insurance quotes and select policies.
- After paying for your coverage, obtain a certificate.
Furthermore, get a licensed agent that collaborates with top-tier U.S. insurers to find coverage appropriate for your permanent makeup business, whether you operate as an independent contractor or employ staff.