Product : Beauty Services | What are the mandatory eligibility requirements?
Here is a list to review to ensure you meet the requirements.
- Minimum of three years industry experience.
- Not more than 2 locations including home based or mobile business.
- Annual Gross Revenue not more than $1 million.
- Subcontractors must carry their own Insurance (Minimum $1MM).
- Insured must have had Prior insurance.
- No claims in the last 5 years
- No prior Insurance cancellations/non renewal
- Any engagement in following activities is unacceptable:
- Tattooing Parlours
- Tanning Salons (Spray Tanning is ok)
- Derma Fillers/Botox/Facial Implants
- Spa
- Cosmetic Procedures
- Laser or Facial Peels
- All Products used or sold in the business must comply with Industry and Government standards.
- All employees, operations and locations are within Canada
- Insured must keep a record of treatment cards or treatment records on file for at least 2 years.