How ABT is Supporting You ABT Membership & Insurance
3 months free insurance with ABT
If your ABT membership – or insurance with another provider – is due for renewal, or has lapsed during lockdown, remember to renew it now.
To help with the current situation, ABT feels it is only right to offer three months’ free insurance to our members. This is as a gesture of goodwill from ABT as we are unable to freeze or hold insurance policies, and recognised the time you have been unable to work in a face-to-face environment. We hope this will help in getting businesses large and small back on the road to a thriving and insured industry with heighten standards that we have all been made aware of over this period.
It’s imperative that you keep continual cover in place at this moment in time. Continuous coverage refers to having insurance coverage without any lapses. It is important as it may have legal ramifications if a claim is made against you or you need to make a claim. You should consider what your policy provides cover for, and choose a policy for Professional Liability, Public and Product Liability Insurance, which all ABT policies are. Even whilst your salon is closed, if you are still providing advice or instruction to any clients, even virtually (via online platforms such as Zoom etc), you will still have the need to protect you and your business against breach of your professional duty. Legal defence and damage payouts can be costly. If your policy includes insurance cover for loss, destruction and or damage to physical assets that you own and/or are responsible for then, a suitable policy should remain in force. The likelihood of a fire, flood, theft/vandalism etc still remains. Consider insurance requirements under any contracts you may have entered into for the leasing of equipment and/or property; you may be contractually bound to continue with insurance cover.
We will be sending out emails to all our members to notify you of how to avail of this one-off offer once trading and our industry is open again. If your policy renewal falls before this time, then we have been doing all we can by providing 12 Months’ insurance for the price of 10 months for those that use code 124TEN available via our website www.abtinsurance.ie. This has meant the difference between continual cover for businesses and no cover at all, and ABT will continue to do all we can to make sure our industry comes back stronger than before. If you would like to find out more about ABT Insurance please visit www.abtinsurance.ie, call us on 1800 625 180 from a landline or +44 1789 773434 from a mobile, Monday – Friday, 9am – 5pm or live chat, email or messenger us and we will do our best answer your query as quickly as possible.
If you don’t currently have insurance, choose a policy that’s right for you, think about all the treatments you are qualified in, the treatments you are thinking about training in and don’t underestimate the amount of insurance cover you will need. Be aware of exclusions, claims excesses, patch test requirements and declarations agreed too as well as extra charges and endorsements. In addition, choose a policy that is ‘claims occurring’ wording to get long term protection. ABT policies include €6.5 million each of Professional Liability Insurance, Public Liability Insurance, Product Liability Insurance, and Medical Malpractice/Treatment Risk Insurance, and you can add new treatments to the policy as your skills grow.
“If you don’t currently have insurance, choose a policy that’s right for you”
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