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The Salon and Spa Specialty Insurance Agency, or SASSI, launched a business owners policy (BOP) for smaller salons and spas.

The BOP is intended for boutique salons and spas with focused service offerings that may not need all coverage available in SASSI’s specialty insurance program. Coverage includes basic professional liability, general liability and property coverages with premiums and limits scaled for smaller businesses.

The SASSI BOP is available in all states. In order to better meet the needs of small or start-up beauty businesses with limited service offerings, premiums start at $500. Available limits include:

• $1 million per occurrence with an aggregate limit of $1 million for professional liability.
• $1 million per occurrence with an aggregate limit of $2 million for general liability.

“The BOP is a great way to help small businesses get much-needed insurance protection. With the combination of our established SASSI program and our new BOP, we can serve salons and spas at all states of growth,” said SASSI Account Manager Kathy Lopez in the announcement. “If or when businesses covered by the BOP expand their staff or service offering, they can grow into the more extensive SASSI program coverage to address their more complex liabilities.”

The Salon and Spa Specialty Insurance agency (SASSI), formerly known as the Hairdressers Agency, has been a providing specialized liability coverage to the beauty industry for 70 years. A division of W.H. Brownyard Corp., SASSI provides a wide range of insurance coverage for salons, day spas, electrologists, beauty schools and barber shops. Claims management is provided by Brownyard Claims Management, a loss prevention and full-service insurance claims facility. The company is based in Bay Shore, N.Y.

Source: SASSI

Topics Liability