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 Beauty Salon Protector
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Liberty's Beauty Salon Protector is a all-in-one packaged policy specially designed to meet the comprehensive needs of today's wellness business such as beauty & hair salons.
This insurance offers protection for your shop, trade contents and stocks as well as money and legal liabilities. Additionally, the following value-added covers are provided:
Deterioration of Stock
Consequential Loss following infectious diseases such as SARS
Rental Expenses for Alternative Premises
Fidelity Guarantee
Errors, Omissions or Negligence resulting from services rendered
Chain-store Discounts.
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Basic Cover
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Section 1 - "Property All Risks" Cover
Liberty offers protection to the stock and contents of your business (e.g. equipment, furniture, fixtures and fittings, tenant's improvements and employees' personal effects). In case the stock and contents are stolen or damaged by typhoon, fire, flood or any other mishap, they will all be replaced by new, provided the sum insured represents the full replacement value.
This Plan also provides the following special extensions at no extra costs:
i) Seasonal increase
ii) Temporary Removal
iii) Damage to advertising signs
iv) Accidental breakage of fixed glass doors or windows
v) Damage to shop premises caused by theft or attempted theft
vi) Damage to Stock in a conveying vehicle
vii) Deterioration of Stock
Section 2 - Consequential Loss
This Plan gives you free protection for:-
(A) Additional cost of carrying on your business for a period of up to 12 months after a loss is payable under the "Property All Risks" cover.
(B) Liberty will compensate you for a maximum of 30 days or for such shorter period actually taken to restore your business to the pre-loss operational level in the event of:
i) Closure of whole or part of premises resulting in interruption to or interference with the Business at the insured premises (with time excess of 48 hours) and which is caused solely by:
- insured perils in Section 1; or
- denial of access; or
- order of a Public Authority as a result of infectious disease, murder, suicide etc.
ii) failure of public utilities for a continuous period of more than 48 hours.
Section 3 - Money and Assault
This Plan gives you free protection against loss of cash, checks, postal or money order, stored-value cards and postage stamps, and provides compensation for injury sustained by any employee as a result of actual or attempted robbery or hold up with the following special extension at no extra cost:
Fidelity Guarantee - Liberty will compensate you for direct pecuniary loss arising from any act of fraud or dishonesty committed by your employees.
Section 4 - Public Liability
This Plan covers your legal liability in respect of compensation for third party bodily injury and/or property damage arising in connection with the business operation with the following special extension at no extra cost:
Errors, Omissions or Negligence - Liberty will indemnify you for the medical expenses which you shall become legally liable to pay for; resulting from bodily injury to third party claims first made against you and reported to us during the Period of Insurance, for error, omission or negligence arising from the services rendered by you or your employees.
Treatment by a registered Chinese bonesetter or herbalist will also be covered.
Optional Cover
Employees' Compensation
This Plan provides optional cover for employers' liability to employees in accordance with the Employee's Compensation Ordinance and Common Law.
Download leaflet for plan details or proposal form for application.
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