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Product Fact Sheet

Property & Casualty Package for Spas and Salons
Spa and Salon Insurance

As beauty and wellness trends change, so do the services and treatments offered by salons and spas.  Staying up to date with these changes is imperative when working with these Insureds.  Our underwriting team's over 15 years experience in this space, combined with the global expertise of our partner carrier, is ideally positioned to ensure your clients have market-leading coverage as the industry evolves.

Our target classes of business:

  • Beauticians

  • Dermatology Services

  • Cosmetic Procedures

  • Hair Salons

  • Holistic Practitioners and Holistic Clinics

  • Medical Spas

  • Nail Salons

  • Spas

  • Traditional Chinese Medicine

Services provided can including (but are not limited to):​

  • Basic Aesthetics

  • Acupuncture

  • Aromatherapy

  • Chemical Peels

  • Coolsculpting

  • Incontinence Treatment

  • Injectables and Fillers

  • Laser Tattoo Removal

  • Laser Treatment

  • Massage Therapy

  • Microblading

  • Micropigmentation

  • Nutrition

  • Platelet Rich Plasma (PRP)

  • Teeth Whitening

Available coverages:

  • Abuse Liability

  • Commercial General Liability, including Bodily Injury, Personal and Advertising Injury, Property Damage, Tenant's Legal Liability, Non-Owned Automobile, Employee Benefits Errors & Omissions

  • Employment Practices Liability

  • Equipment Breakdown Insurance

  • Loss of Documents

  • Proceedings Legal Defence Reimbursement

  • Professional Liability (Medical Malpractice)

  • Property and Crime

Liability coverage highlights:

  • $10,000,000 available limits

  • Broad definition of Insured

  • Blanket Contractual Liability

  • Defense Costs in Addition (except Employment Practices Liability)

  • Double Professional Liability (Med Mal) Aggregate Limit, No General Liability Aggregate (except Completed Operations Hazard and Employee Benefits Errors and Omissions)

  • Market-leading SIGNAL Underwriting manuscript wording tailored for Spas and Salons

  • Punitive Damages (sub-limited)

  • Silent Abuse coverage for qualifying classes of risk (Claims-made buy-back option for remainder)

  • Led by certain Lloyd's Underwriters

  • Worldwide cover, with claims brought in North America

Property & Crime coverage highlights:

  • $4,000,000 available per location (for best in class)

  • All-Risk Coverage

  • Broad list of Extensions of Coverage

  • Customized Wording for Spas and Salons

  • Personal Property of Residents

  • Replacement Cost

  • Stated Amount-Waiver of Co-Insurance (with signed Statement of Values on File)

What sets SIGNAL Underwriting apart:

  • Broad appetite

  • Customer focused on broker partners and insureds

  • In-house underwriting authority

  • Over 15 years of Salon and Spa broking and underwriting experience

  • Our Underwriters are here to help you with any
    of your Spa and Salon industry-related questions

  • Secured Lloyd’s of London Coverholder status within first year of operation

  • SIGNAL Underwriting Inc. only represents London and domestic security with a minimum rating of A- (AM Best rating) for this product

  • Claims handled by Canadian Third-Party Adjuster experienced with Spas and Salons

  • 17.5% Retail broker commission on this product

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