Peter Krizanac
Commercial Account Executive
Coverages
Beauty Industry Trusted Professionals
Secure Your Spa's Assets with Tailored Property Coverage
Protecting Your Investments with Comprehensive Property Insurance
Property Coverage for Spas and Medi-Spas Safeguard your spa’s valuable assets against the unexpected. Our property insurance covers everything from luxurious furnishings to high-tech spa equipment, ensuring you can rebuild and recover without facing a financial setback.
Building Coverage
Contents Coverage
Additional Property Coverages
Business Interruption and Extra Expense
Building Coverage
Comprehensive Protection for Your Spa’s Structure
- Core Coverage: Protects the physical structure of your spa, including all permanent fixtures, from electrical mishaps to plumbing issues.
- Enhanced Benefits: Includes important coverage for tenant improvements and betterments, crucial if you’re leasing and have enhanced your space.
Contents Coverage
All-Inclusive Safety for Your Business Operations
- Extensive Protection: Covers all operational contents such as furniture, advanced treatment machines, and decorative elements that define your spa’s ambiance.
- Special Inclusions: Extends to personal property of officers and employees, safeguarding items that are essential yet vulnerable to damage or theft.
Additional Property Coverages
Expanded Coverage for Comprehensive Assurance
- Building By-Laws: Takes care of additional costs due to building code compliance during repairs or rebuilds.
- Blanket Glass Coverage: Protects against the breakage of glass, a common yet overlooked risk in spa interiors.
- Inflation Guard: Automatically adjusts your coverage limits to align with inflation, ensuring your coverage does not lag behind the actual cost.
- Newly Acquired or Constructed Property: Instantly covers new properties or additions, supporting your business growth seamlessly.
- Fire Department Charges: Covers fees related to fire department services, an often unforeseen expense during emergencies.
Business Interruption and Extra Expense
Financial Stability Through Unforeseen Closures
- Business Interruption: Compensates for lost income and ongoing expenses during forced closures, helping maintain financial stability.
- Extra Expense: Supports additional costs to keep your spa operational from a temporary location if necessary.
Liability Coverages
Robust Protection Against Claims and Legal Liabilities
You understand what it takes to run a small business, we know how to protect it. We offer a range of small business insurance packages that provide coverage for building and business contents, loss of income, business liability, crime, equipment breakdown, legal expense.
General Liability
Professional Liability
Employers Liability and Employee Benefits
Employment Practices Liability
General Liability
- Comprehensive Safety: Covers incidents such as slips and falls, which are prevalent in spa environments.
Professional Liability
- Specialist Security: Provides coverage for claims related to the professional services offered by your spa, crucial for treatments that could result in health complications.
Employers Liability and Employee Benefits
- Workplace Safety: Includes coverage for work-related injuries and illnesses, along with errors in the administration of employee benefits.
Employment Practices Liability
- Employee Relations: Protects against claims made by employees alleging discrimination, wrongful termination, harassment, and other employment-related issues.
Employee and Financial Misconduct Coverage
Safeguarding Your Assets Against Threats
- Employee Fidelity: Protects the spa from losses caused by fraudulent acts by employees, including theft of money or property.
- Broad Form Money & Securities: Protects against loss of money and securities within and outside your premises due to theft, disappearance, or destruction.
- Forgery and Alteration Protection: Covers losses from the forgery or alteration of financial instruments and credit card fraud.
Special Endorsements for Spa Businesses
Targeted Protections to Meet Specific Needs
Our policies are endorsed to follow manufacturer specifications, not just what the insurance company requires. We understand that different laser equipment has varying coverage needs, and we base our policies on the manufacturer’s recommended settings for all skin types.
Spa Insurance Team
BEAUTY INDUSTRY TRUSTED PROFESSIONALS
Lina Ferraro
Commercial Account Manager
