A history of solid salon coverage + ever-evolving policy offerings = salon insurance provider Insurtec, Inc.
A history of success is important for any company; but, it’s not enough, especially in these challenging times. To succeed in today’s economy, a company also has to have a plan for both the present and the future. Insurtec, Inc. considers itself just such a company. “Since we began providing coverage for a handful of tanning salon owners, we’ve been updating our offerings for this sector as the tanning industry, itself, matures,” said Chris Beshore, Insurtec Vice President.
“Today, we can honestly say that we cover every aspect of the tanning salon and spa industries, and we continue to evolve into other areas, as well.”
Insuring indoor tanning salons is what Insurtec considers its specialty. “Our general liability and other coverage options protect tanning salon owners in every aspect of their businesses, and our equipment breakdown insurance is a must-have for any tanning salon,” Beshore said. “While not a warranty policy, it does cover repair costs and protects owners from other expenses associated with equipment breakdown, including time and labor to service or replace the unit. It’s the most comprehensive coverage a salon owner can have in case of equipment breakdown, and we’re one of the few companies that offer something like this!”
In its quest to go beyond providing general salon liability coverage, Insurtec continues to add plans for many spa and beauty services to its offerings. “These days, many salon operators hire independent contractors to provide massage and airbrush tanning services in the salon, as well as with mobile formats,” Beshore said. “We realized the importance of coverage for these service providers, so we developed our Independent Contractor Program – it covers airbrush tanning technicians, massage therapists and aestheticians, as well as anyone else who contracts their services through a tanning salon.” The program costs $300-$350 per year, and provides $300,000 in general and professional liability coverage.
As a company, Insurtec predicts even more evolution in the industry, hinting at even more exciting developments in the future. “From tanning units to teeth-whitening services, we cover everything in the tanning salon and spa industries,” Beshore said. “Lately, we’ve been looking into other ways to further diversify our services, and the opportunity to expand into other markets has presented itself. We’re very excited to continue evolving as a company while providing tanning salon owners with the peace of mind that only comes with knowing that their livelihood is protected.”
As a salon owner, you have your entire life wrapped up in your business – it’s how you pay your bills, feed your family and keep a roof over their heads. Because of this, it makes perfect sense
to protect everything you’ve worked so hard to build. And for that, you can rely on Insurtec, Inc., an insurance provider that combines the best of both worlds – experience and innovation.
A 14-year industry veteran, John "Ribby" Ribner has written hundreds of
articles for IST Magazine and, as Director of Editorial Content, has also
helped guide the publication's evolution. Ribby is a graduate of Central
Michigan University's journalism program and has brought many years of newspaper reporting experience to his position of Head Writer. He is also the author of three novels, "Legacy of the Bear," "Prophecy of the Bear" and "World So Dark."
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