Issue link: https://www.ahpindiestylist.com/i/1421270
N ot a m e m b e r ? J o i n at a s so c iate d h a i rp rofe s sio n a ls .c o m 61 WHAT IS THE AHP DIFFERENCE? Cosmetologist insurance policies are not the same! We've done our homework to determine how our policy stands up to other policies out there—here are a few key differences: Highest Available Limits in the Industry With an annual aggregate of $6 million, you're covered for professional liability (malpractice), general liability (slip and fall), and product liability (products you use on or sell to a client). Other companies cover you for up to $2 million. Competitive Pricing Even with the highest available limits in the industry, we also offer competitive pricing at $199—especially when you consider the marketing materials, discounts, and other benefits that come with your annual membership. Many policies can be upward of $370 per year, and that's just for the insurance policy. No Charge for Additional Insured Endorsements (AIEs) If your landlord or the owner of the suite you work in requests they be added to your policy there is no additional fee to do so. Other companies charge $10–$25 per AIE. No Shared Aggregate AHP's cosmetology insurance coverage is per member, per year—that means it's yours alone, and you can rest assured that it will be there for you if needed. Other companies share the total coverage amount among all their members, which leads to the risk that it may be used up by other members before you file a claim. Occurrence Form Coverage An important distinction in liability insurance is whether it's occurrence form or claims-made. Some insurers offer the less-protective claims-made option. Many lawsuits aren't filed until the statute of limitations is about to expire—as much as two years after the incident. Occurrence form coverage means the practitioner who is no longer working, or is taking a break from the workplace, still has coverage even if they've allowed their insurance to lapse, as long as the incident occurred during the period of their coverage. Claims-made policies, however, cover practitioners only while the policy is in effect, which means an expired policy and a late claim could leave you vulnerable. To avoid this risk, AHP offers hairstylists occurrence form coverage. Coverage Wherever You Practice Whether you serve clients in one location or many, you're covered. Coverage in All 50 States AHP's policy is valid anywhere in the United States that you have a license. Should you relocate, your policy moves with you. Other companies only offer policies in a select number of states. Bottom line: AHP's hairstylist liability insurance package is comprehensively tailored to meet YOUR needs. Sure, you can find bare-bones insurance coverage elsewhere. But are you sure you're fully protected? If you do experience a claim, you can expect knowledgeable, empathetic assistance from AHP to help expedite rapid resolution of your claim. Fact is, just knowing your AHP team is ready and able to support you lets you focus on what's most important—building a successful career. inside look: ahp