Summary of Coverages

Every PROtique Masterplan policy comes with a core of key coverages plus a package of coverage extensions which have been customized to cover the unique risks of beauty industry businesses.  Whether you are a hair stylist, esthetician, laser technician or a salon/spa owner, you will receive the following comprehensive collection of coverages:

Key Coverages	Minimum Amount
Professional Liability	$2,000,000
General Liability (ie. for slips & falls)	$2,000,000
Contents (ie. tools, equipment, stock, renovations & leasehold improvements) Broad coverage against a wide range of claims (ie. fire, theft, storm damage, sewer backup, flood, earthquake) Replacement Cost coverage included	$10,000
Business Interruption (ie. to cover lost profit and ongoing expenses if you’re closed due to a claim)	Actual Loss Sustained
General Deductible	$1,000
Independent Contractor Extension (ie. to cover contractors while they are working for you)	Optional

Plus, every PROtique Masterplan Policy includes this Coverage Extension Package:

Coverage Extension	Amount of Coverage
PROPERTY
1. Accounts Receivable 2. Blanket Glass 3. Catch All Clause 4. Computer Breakdown 5. Computer Equipment 6. Computer Media 7. Contents at Unnamed Locations 8. Courier and Parcel Post 9. Exhibition Floater 10. Fine Arts 11. Fire Department Service Charges 12. Growing Plants, Trees, Shrubs, Flowers-Outside 13. Inflation Protection 14. Land & Water Pollution Clean-up First Party 15. Outdoor Signs 16. Property of Employees (on premises) 17. Professional Fees 18. Proof of Loss Preparation Costs 19. Property Floater 20. Property in Transit 21. Replacement Cost on Building & Contents 22. Sales Samples 23. Stock Spoilage 24. Valuable Papers & Records 25. 25% Peak Season Increase	$50,000 Included in Contents/Building Limit $25,000 $25,000 $50,000 $25,000 $50,000 $10,000 $10,000 $50,000 $25,000 Included in Contents/Building Limit Included $25,000 $25,000 Included in Contents Limit $25,000 $10,000 $10,000 $10,000 Included $25,000 $25,000 $50,000 Included
LIABILITY
1. Employers Liability 2. Employee Benefits 3. Medical Payments 4. Non Owned Automobile Liability	$2,000,000 $2,000,000 $10,000 per person $1,000,000
BUSINESS INTERRUPTION
1. Extra Expense 2. Off Premises Service Interruption 3. Limited Contingent Loss of Income     a. Neighbouring Premises     b. Contributing/Recipient Property	$25,000 $25,000 $25,000 $25,000
CRIME
1. Loss Inside/Outside the Premises 2. Employee Dishonesty 3. Money Orders and Counterfeit Paper	$5,000 $10,000 $5,000
EQUIPMENT BREAKDOWN	Included if a Limit is listed on your Certificate of Insurance
EARTHQUAKE	Included (deductible is greater of 3% or $50,000)
FLOOD	Included ($25,000 deductible)
SEWER BACKUP	Included ($5,000 deductible)

NOTE: This summary highlights the main coverages provided the base PROtique Masterplan insurance policy.  It is not intended to provide an exhaustive list of the coverages your policy will provide automatically, but simply to indicate the most significant coverages that can protect your business.  All coverages and services insured are subject to the usual wording of the PROtique Masterplan master policy, which is available upon request.