Holistic therapy insurance is designed to protect you and your place of work against unfortunate events that could impact the business financially. There are a number of exposures that you will face on a daily basis, from property damage to theft to accidental injury. Without the right cover in place, you could be at risk of jeopardising your future ability to trade.
We can arrange insurance for holistic therapists to incorporate a number of covers and offer you protection for your assets, earnings and legal liabilities, so you can continue to work without worry.
Insurance for holistic therapists covers a host of eventualities that could impact the future of your business. There are a number of considerations to make to ensure that you have comprehensive insurance for your holistic therapy business.
Whether you are mobile or working from premises, you will have equipment that is pivotal to your ability to practise. These can be protected against theft, fire, flood damage and many more perils, and you can select the level of cover you need to ensure you have sufficient protection for your assets. If you own the building you trade from, then this can be included as part of your holistic therapy insurance as well.
If you were to suffer damage at your premises meaning you were unable to trade, then having business interruption cover included within your holistic therapist insurance can help tide you over financially while you get back up and running. For instance, if a fire spread from a neighbouring property to your premises meaning you were unable to operate, business interruption cover can not only cover your loss of gross profit, it will typically cover your fixed expenses such as staff wages, and may even be able to help you trade temporarily from another location while the damage is repaired.
Liability insurance is an essential part of your insurance, as this can protect you should any of your clients, staff, suppliers and members of the public be injured at your premises. Including public liability insurance within your holistic therapy insurance means that if someone were to be injured, for instance a visitor fell down some stairs at your premises, then any legal costs and compensation awarded would be covered by your insurance.
If you employ staff, then you will need to include employers' liability insurance as part of your holistic therapist insurance. This not only takes care of your legal obligation but can protect your finances should your staff hurt themselves at work.
You should consider commercial legal expenses, which offers protection against employment disputes, taxation proceedings and jury service allowance.
Holistic therapy insurance can protect your livelihood against unforeseen events that could impact the future of your business and your ability to trade.
If you own or run a holistic therapist business then we can arrange a policy which covers the typical risks and liabilities associated with running your business. Simply call us to speak to one of our business insurance specialists if you need advice or for more information.