One of the benefits of Indie Business Network membership is affordable product liability insurance. Our insurance is priced separately from membership. Once you join IBN, you will receive a link via email to purchase your insurance. To learn more, please browse our Frequently Asked Questions below. If you don't see your answer here, contact us!
Health and Wellness Practitioner Coverage
What types of practices are covered?
This insurance program is designed for professionals involved in Massage Therapies, Energy and Healing Touch, Cosmetology, Estheticians, Nail Technicians and Face/Body Painting. This policy offers coverage for both your general liability and professional liability, as well as $2,000 to cover your equipment. Fitness training, such as Yoga, Dance Instructor, or Personal Training may also be added to the policy.
What types of practices are NOT covered?
A partial list of the services that are not covered follows: micro-pigmentation, suntan beds and booths, inversion tables, skin needling, aqua therapy, cupping, ear candling, hypnosis, wigs and toupees, any procedure that punctures the skin, hair removal, hair implants, hair transplanting, body piercing, permanent body art, black henna, body branding, Gua sha, aerial yoga, any business that requires a medical license to operate, cryotherapy, pole dancing, and flower essence and herbal therapy.
This is not an exhaustive list of products that are not covered. If you are unsure as to whether or not your product is covered, please contact us.
What does the product liability insurance coverage cover?
The policy is Commercial General and Product Liability policy. The base limits are:
$1,000,000 General Aggregate Limit
$1,000,000 Products-Completed Operations Aggregate Limit
$1,000,000 Personal and Advertising Injury Limit
$1,000,000 Each Occurrence Limit
$300,000 Damage to Rented Premises Limit
$5,000 Medical Expense Limit
Business Personal Property coverage covers “miscellaneous property of a floating nature.” This means it covers the type of property you use in your business that is “tangible property you own or is in your care, custody or control.” Example of this type of property are inventory, packaging, and equipment you use in the course of conducting your business. The limits are:
$1,000 Maximum Payout Per Single Item
Identity Theft coverage limits are as follows:
$15,000 Aggregate Limit
Who is the Insurance Carrier?
Who is the Insurance Broker?
How much does the insurance cost?
When should I purchase coverage?
You can purchase coverage anytime, so long as you are a current member of the Indie Business Network. If you are not a member and you purchase or renew insurance through this program, it will be canceled unless the membership is brought current. A purchased policy will expire a year from the day it was purchased. While Indie Business Network membership and insurance are purchased separately, and you do not have to purchased them on the same date, we encourage you to purchase both on the same date so you do not have to track two renewal dates.
Can I pay for my insurance in installments?
Is the insurance premium refundable?
If I sell my business, is the policy transferable to the new owner?
No. The new owner would have to procure their own coverage.
Does obtaining this insurance change my Indie Business Network membership dues, or any of my other Indie Business Network member benefits?
No, it simply adds to your benefits.
Is there a maximum annual revenue cap with this insurance?
No, but if this program is significantly insufficient for your commercial manufacturing and/or retail establishment, your premium may be higher.
How do I purchase product liability insurance through this program?
Simply join Indie Business Network as a full member. After your membership dues are processed, you will receive a link to the page to secure your insurance. Complete the short form, submit payment, and your new insurance certificate will be emailed to you right away. It's that easy!
When will my insurance become effective?
Immediately upon receipt of payment. You get your insurance certificate right away.
Do I qualify for the insurance if my business is located in a country other than the United States?
This program offers coverage for businesses that are located in the contiguous 48 United States, and in Alaska and Hawaii. It does not offer coverage for businesses located in Puerto Rico and the US Virgin Islands (St. Thomas, St. Croix, and St. John). It does not offer coverage for businesses located in Canada or any other country other than the United States.
Do I qualify for insurance if my business is in Canada?
Are cosmetic products made for pets e.g. dog or cat soap or shampoo covered?
Yes, if they are handmade by you.
How will I receive my certificate of insurance?
It will be emailed to you immediately after you purchase the policy.
Can I join Indie Business Network and not get the insurance?
Yes. The insurance program is one of the benefits of IBN membership and is only offered to our members.
What if I just want the insurance? Do I still have to join Indie Business Network?
The insurance is a benefit of membership in Indie Business Network. Join us, and you'll see that we're much more than an insurance portal!
Is product liability insurance included with my Indie Business Network membership?
No. Product liability insurance is a member benefit. Membership in Indie Business Network is $195/year.
Who do I contact if I have a question that is not answered here?
Most questions about the product liability insurance coverage are answered here. If you have a question that is not answered here, please contact us at firstname.lastname@example.org.