Nadine Dilong There’s plenty of overheads to take care of when you’re running your own beauty clinic and with all the disruptions in 2020, you might be looking to cut a few expenses for 2021.
Switching to a cheaper option for your business insurance is a great way to stay protected and give some relief to your bottom line. Whilst cutting out your insurance costs may sound like an option for saving on your expenses, being uninsured can put your business under more severe financial strain if you were to face an unexpected claim that you couldn’t pay and the reputational damage can also severely damage your viability in the long term.
BizCover can help you compare options from some of Australia’s leading insurers for a range of insurance products that can be important in protecting your business. With BizCover’s simple online price comparison tool, you can click, compare and get covered in minutes. You can also phone their friendly customer support team to guide you through the process.
Natalie a beautician in Victoria, was able to save $1,000* when she compared her insurance with BizCover.
Some of the insurance products BizCover can help you with include:
Professional Indemnity (PI) Insurance^ – Say a client has a bad reaction to a product you’ve recommended that they use, you could be at risk of a costly lawsuit which could spell disaster for your business and your livelihood. PI Insurance is designed to respond to claims against your business for losses as a result of actual or alleged negligent acts or omissions when providing your professional service or advice.
Public Liability (PL) Insurance^ – Whether you work from your own clinic or provide a mobile service, the nature of your work carries the risk of injury to third parties or damage to their property . For instance, if a customer trips at your workplace and suffers an injury or you accidently damage a client’s property while doing an in-home treatment, a claim could be made against you. Public Liability insurance is designed to provide protection for you and your business in the event a customer, supplier or a member of the public is injured or sustains property damage as a result of your negligent business activities.
Business Insurance^ – This is a package that provides cover for your business contents, stock, tools and commercial premises in case an insured event occurs such as fire, storm, theft or accidental damage. It can also cover your portable equipment, glass and for loss of revenue due to a business interruption in specified circumstances.
SWITCH AND SAVE NOW
Head to www.bizcover.com.au now or call 1300 920 875 for hassle free quotes.
*Savings made June 2020.
^As with any insurance, cover will be subject to the terms, conditions and exclusions contained in the policy wording. The information contained on this web page is general only and should not be relied upon as advice.
