Category: Insurance

What is a Waiver of Subrogation on a Certificate of Insurance?

The Subrogation Clause Depending on the terms of your lease agreement, your landlord may require a waiver of subrogation to be signed. Unless you have run into this term while researching insurance requirements before, this is likely not something you have come across. What is the meaning of a waiver of subrogation? If an event

Read More
What You Need to Know About ABE’s Business Interruption Coverage (BIC)

What is Business Interruption Coverage (BIC)? BIC is a rider on your Business Personal Property Insurance Policy. It replaces lost income and extra expenses while the business is going through repairs necessary to get it back up and running again after a covered loss. Is BIC the same as Property Coverage? BIC is not the

Read More
8 questions you should ask yourself before purchasing spa insurance

Your spa is unique, So are your insurance needs. Whether you are a technician, business owner or both in the Beauty, Wellness and Medispa industries, you need the appropriate insurance. A majority of professionals don’t know enough in order to pay close attention to their insurance coverage. To many people think it is only necessary

Read More
Your Questions about Workman’s Comp Answered

We get a lot of people asking questions about Workman’s Comp. Frequently Asked Questions: What is workman’s comp? Does every state have different requirements? Do we offer it? Is it necessary? We have answered these questions to better help our customers in their quest for knowledge on Workman’s Compensation. To put it simply, Workman’s Compensation

Read More
Insurance Agents – So What Exactly Is A Medispa?

Our Basic Coverage (Medispa I) is where all of our medispas begin. These places are nice, often luxurious spas often run by a Physician or qualified staff overseen by a Physician. What makes them different from a normal day spa is the level of invasiveness you’ll find. These locations provide injections like Botox or Dysport, dermal fillers like Bellafil, vitamins and collagen, more potent chemical peels, and stronger dermaplaning. These medispas also use their lasers in more invasive procedures than basic laser hair removal.

Read More
Who Helps Spa and Salon Owners Manage Their Risk?

The other day, we were talking to an insurance agent about our spa/salon/medispa liability coverage and a topic came up that we feel very passionate about – especially when it comes to this industry.  The agent asked, “are you a Risk Retention Group?”  He obviously knew what a RRG was and wanted to steer clear of such a company.  Unfortunately, most spa, salon, and medispa owners are not aware of what a RRG is  and why they should be avoided.

Read More
Sexual Misconduct Claims in the Massage Room

It seems like every month there’s a national news story highlighting sexual misconduct in a spa setting. They almost always involve a male technician and a female client and most commonly occur on a massage table. We’ve seen all types of claims in our 25 years: some clients are genuinely assaulted, and other clients’ claims involve little more than an accident.

Read More
How Can We Offer Wholesale Liability Insurance Prices?

Having an association with well over 1000 members allows us to negotiate better programs for our members, with ABE’s Spa/Salon/Medispa Insurance being one of the most sought after. 25 years of exclusive focus on this industry has helped us refine what our members need in order to be properly protected. Our insurance policies include:

Read More