If you are a professional esthetician currently conducting business in the state of Colorado, the importance of having Colorado esthetician insurance to shield your business from potential lawsuits simply cannot be overstated. In the litigious society that we’re living in today, it is an unfortunate reality that people are more eager than ever to take advantage of small businesses by bringing legal claims against them, some of which have been nothing short of financially devastating.The most sobering thing to remember is that a business can be sued at practically any time, even if there is no concrete basis for the aggrieved person’s claims. In order to keep your business safe from the threat of these types of lawsuits, you must consider the choice to obtain esthetician insurance to be an absolute necessity.
The state of Colorado has its own set of legal requirements for a person to begin operating as a licensed esthetician. The Colorado Office of Barber and Cosmetology Licensure is the legal body that oversees the licensing requirements of professionals such as cosmetologists, barbers, manicurists, hairstylists, and estheticians.
In order for you to legally conduct business as an esthetician in the state of Colorado, you must complete a minimum of 20 credit hours (600 clock hours) of training in a licensed cosmetology school. Once your training has been completed, you will be required to pass a comprehensive licensing exam administered by the Colorado Office of Barber and Cosmetology Licensure. Upon successful completion of this exam, you will then be able to enter into your professional field.
Why Insurance Matters
In order to protect your investment of time, money, and effort into becoming a licensed esthetician, it is imperative that you obtain the appropriate insurance so that your business can be shielded from legal claims that could have potentially calamitous financial effects on your business. An ideal insurance policy should include two primary types of coverage: (1) Professional liability, which addresses any claims of injury or harm due to alleged negligence or lack of competence, and (2) General liability (sometimes called “trip and fall” insurance), which covers any injuries or damages from accidents, equipment malfunctions, etc. An ideal policy will also include some form of product coverage.
The biggest benefit to having esthetician insurance is that you are able to protect your entire livelihood for a relatively small amount of money, especially in comparison to assuming virtually unlimited financial risk by conducting business without the proper insurance. With all of the uncertainties that face small business owners and independent contractor’s in today’s volatile business environment, it is easy to see why having esthetician insurance is the right choice to make.