Hair and Beauty
Supporting one of the fasting growing markets in the UK over the last five years, the MGAM Hair & Beauty Package Policy offers a modern approach to support your clients.
Further market leading solution for your retail clients, following the recent addition of our Café package policy, another example of providing covers for specialist sectors.
We offer a comprehensive product, providing additional limits of cover and providing the protection your clients need, from beards to bobs or specialist nail bars, we have a diverse solution.
Key points
- Cover arranged with “A” rated capacity
- Instant quotations via our market leading platform
- System generated documents available immediately at point of sale.
- Statement of fact basis – no need for proposal form.
- Ability to cover Treatment Risk
- Supported by our Underwriting team
Cover
The following covers are standard under the Hair & Beauty package product:
- General Contents and Stock
- Business Interruption and Book Debts
- Money, Personal Accident and Assault
- Glass
- Goods in Transit
- Employers Liability (£10 million)
- Public Liability (£5 million)
- Legal Expenses
The following covers are optional extensions under the Hair & Beauty package product:
- Treatment Risk
- Buildings
- Terrorism
- All Risks
Target market
- Hairdressers
- Barbering
- Beauticians
- Nail Technicians
- Wide range of Treatments excepted for facial, body and massage.
MGAM – Here’s why
- We are a Lloyd’s approved Coverholder
- Our technology led solutions put you in control by allowing you to quote, bind and issue documents at the press of a button.
- You have the support of an experienced team of professionals ready to respond to referrals and support your trading.
- All our products are developed in collaboration with our partners and are designed with you in mind.
“The MGAM listen to the needs of our retail clients and always deliver quality products that are backed up by a service focused underwriting team“
Zain Ikram , Director, A to Z Insurance Brokers.
For more information contact
Monica King Divisional Director UK SME
T: +44 (0) 203 946 9114
M: +44 (0)7585 809677
E: monica.king@mgamutual.com