In a consumer-driven world such as we live in, this brings with it the much feared rise in litigation. Even the very skilled of practitioners are at a risk of facing legal claims at some point in their careers due to the intricacies of medical practice as well as the vagaries of patients that come through the door. Simple occurrences such as an ill-timed move by a patient or an accidental slip have potentially serious consequences. Therefore an indemnity insurance is nothing short of a necessity to shield you and your business. In addition to strict measures, detailed note-taking and clinical know-how, having insurance is needed exactly because of this.

What is indemnity insurance?

Indemnity insurance describes an insurance policy which is made to recompense an insured party for specified unexpected injury or incurred losses up to a certain extent and which is often the amount of the incurred loss. The insured parties receive insurance coverage in exchange for premiums they pay to the companies. These policies are typically formulated to protect business owners and professionals in the event that they are discovered to be at fault for a particular event like malpractice or misjudgement.

In the cosmetic industry, in addition to the possibility of accidents occurring, the chances of a client having an allergic reaction to administered treatment exists, which can equally give rise to possible litigation. In the absence of a professional indemnity insurance, being sued for a huge sum of money could likely force your business into liquidation because it would be heavily tasking to pay the compensation as well as legal fees.

A legal claim of negligence or medical malpractice or claim against your aesthetic business asides being financially wrecking, could also bring you bad publicity if it is brought to social media or even when it is spread by word-of-mouth. Securing an indemnity insurance therefore is highly recommended for your peace of mind even if not legally needed at this point.

Finding Insurance cover

As a registered health professional, you should already have professional insurance cover that is designed to suit the requirements of your governing body. If you are branching out into facial aesthetics, it is recommended that you first get in touch with your existing indemnified. It is important which company you choose to indemnify you as this will determine the extent of your coverage as well as the fees. You may choose to go for insurance companies that specialise particularly in aesthetic procedures like Cosmetic Enhance, Cosmetic Insure or Hamilton Fraser.

The cosmetics insurance policies of these companies can be designed to meet the particular needs of your clinic, taking into account the treatments you offer which can include dermal filler Botox or any other aesthetic procedures. Importantly, if there are any changes in your practice such as making new additions to your facial aesthetics services, you should remember to inform your insurance company, so that if there is need for your coverage to be updated accordingly, this will be done so that you can continue to enjoy full coverage.

In essence, legal issues can crop up in the practice of aesthetics much like in other fields and a professional indemnity is required to protect your business. Always endeavour to cover your legal obligations as even though the choice of insurance might be negotiable, whether or not to have some is not.

Is insurance required during Botox and dermal filler training?

Many of our delegates wish to know during booking for their aesthetic injectables training course whether they’d have to take up their own indemnity insurance policy in order to attend the training. This is a reasonable enquiry in preparation for their debut into the field of aesthetics.

We tell them that for beginners, there is need to be protected under the existing insurance policy of the training centre up until enough training is completed that allows you to practise independently. The reason for this is that as a new injector without experience in aesthetics, you do not have the eligibility for specialist aesthetics insurance. This will only be available to you when you have completed your basic aesthetic training.

When you have successfully completed your training, you should then make arrangements to acquire your aesthetics professional indemnity insurance prior to starting out with your own practice.

Training with Derma Institute

As a delegate who has completed aesthetic training with us, arranging for your indemnity insurance is easy. Derma Institute is a recognised and accredited aesthetic training provider and the certificate of training we give you will help you procure indemnity with aesthetic treatment insurance companies such as Cosmetic Enhance.

Upon completion of our aesthetic training course, we will provide you with detailed information regarding the need to take out the right level of indemnity insurance. We also provide guidance on how to go about correctly setting this up.