Frequently Asked Questions

Our FAQ’s are here to answer some of the most common questions we hear about Esthetician Beauty Professional Insurance. If you have a different question you can always email us at chriss@ivesinsurance.com

Hairstylist/Barber Professional Insurance Policies (including Mani/Pedi/Artificial Nails, Body Wrap, Ear Piercing, Eyelash Extensions, Eyebrow/Eyelash Tinting, Makeup, Waxing/Sugaring, Microdermabrasion) cost about $45.00 a month (fees and taxes included).

Absolutely. You can provide your beauty services anywhere in Canada. Our policy automatically includes Commercial General Liability to protect you for claims your home owners policy will not respond to.

We specialize in esthetics professional beauty insurance (both basic and advanced) and our insurance companies do as well. Our clients often tell us that when they call their broker that does their home or renters insurance they are quoted over $1,000 for a beauty professional insurance policy. Our individual beauty insurance is generally under $600. Why such a difference? When you sell thousands of policies a year, with insurance companies that understands what they are insuring, you can do it for less and ensure your business has an advantage!

Microblading Insurance is only $54.00 a month. This includes $2,000,000 professional liability and $2,000,000 commercial general liability coverages.

Yes. We are a Canadian owned and operated insurance brokerage located in Waterloo, Ontario.  We only use Canadian licensed insurance companies with the best claims and service standards.

Yes (unfortunately). In Ontario, we must add 8% tax to each policy. Every province is different.

“A business or person that carries out work for a company”. Most estheticians that work at a Beauty Spa are subcontractors. A subcontractor will have a contract with the Spa owner to do specify services at an agreed rate (or percentage). A subcontractor will be responsible for paying their own taxes, CPP & EI. They will also have to carry their own professional and general liability insurance.

Botox (along with Laser Hair Removal, Injectables or Microblading) can be added to your Beauty or Spa policy for an additional fee.

If your policy only lists the main services (Hair Stylist/Barber, Mani/Pedi/Artificial Nails, Body Wax, Ear Piercing, Eyelash, Extensions, Eyebrow/Eyelash Tinting, Makeup, Waxing/Sugaring Microdermabrasion) you can add Laser Hair Removal, Injectables or Microblading by calling us at 1-226-641-0777 or email chriss@ivesinsurance.com.

No. Virtually all homeowners’ policies exclude “business pursuits on premises.” In fact, it is not uncommon for some carriers to cancel your homeowner (tenants or condo) policy if they find out you have a beauty business in your home and don’t have coverage. You should always advise your insurance company that you have a business in your home. If you have any problems, call us, and we can help!

Yes, you can. Call us and we can add a “floater” to cover any piece of equipment you want to take off premises. (We will need the make, model, serial number and value of the piece of equipment you want to add). As a guideline, it would cost approximately $400 to insure a $10,000 piece of equipment. A floater adds additional coverage for accidental damage (if you drop it or get in a car accident!).

CGL stands for Commercial General Liability. It is the most common form of liability coverage and it protects you (or your beauty business) from claims such as “slip and fall” and property damage you cause to a third party (like leaving a tap running and flooding out your neighbors unit). Over 90% of all beauty claims we receive are for CGL claims.

Yes. Please contact chriss@ivesinsurance.com for payment options.

You can cancel midterm, but there is a 25 to 50% minimum retained premium (depending on the policy). After that is used up you will get a refund of the remaining amount.

DO NOT Proceed! If you have a bad feeling about a new client, then trust your gut. The deductible, time, and effort you will face if they are fraudsters trying to commit insurance fraud is not be worth any amount of money of services you would provide. Even though they sign the intake form, that doesn’t mean you are off the hook.  Unfortunately, there are people out there that will complain to try to get freebies. Or worse yet, take advantage of your best business practices.