State laws for massage therapists are changing by the year – for instance, in Alexandria, Virginia, massage therapists are no longer required to obtain both state and city licenses in order to operate. State officials and massage therapists in Alexandria felt that requiring a city license was too confusing for everyone involved. Now, thanks to the newly eliminated requirement, local massage can keep a little more money in their pockets that once went to annual fees.
If you live in an area going through similar changes, you know how tough it can be to keep up with regulations. The good news is (for folks in Alexandria especially) that no longer requiring massage therapists to pay for city licensing means having extra capital per month to pay for more important things – like proper small business insurance. Hopefully this is the case for you, too.
But what exactly should an insurance plan for a small massage therapy practice include? Here’s a look at key coverages to ask your agent to add to your policy.
Professional Liability (or Errors and Omissions) Insurance for Massage Therapists
Errors and Omissions Insurance (often referred to as E&O) is essential for any massage therapy practice, regardless of size. Especially when we’re reminded of situations like the one currently unfolding in Boca Raton, Florida, in which a massage therapist has been accused of molesting a young woman. It appears that the allegations were brought to the attention of managers at a massage therapy venue called Doral Spa, but no legal action was immediately taken. Now a total of six women have come forward alleging molestation charges against a male employee who used to work for the company.
It’s important to point out that no verdict has been rendered in the case, so it’s purely conjecture as to what actually happened. And you might be telling yourself, “I hire stand-up individuals – this would never happen to my practice.” The fact remains, though, that even frivolous claims need to be defended in court. That costs money – money you’d have to take out of your practice’s bottom line if you don’t have an Errors and Omissions Insurance policy.
As a owner or sole proprietor of a massage therapy practice, you’re professionally liable for any mistakes, oversights, or poor work completed by your or your employees. If someone feels they have a case against you, they won’t hesitate to sue. That’s just the nature of our litigious culture. With an E&O policy, you don’t have to fear these lawsuits because your benefits will fund the associated legal bills.
General Liability Insurance / Business Owner’s Policy
Despite the molestation case mentioned above, it’s not all bad news for massage therapy practices. For example, in Moultrie, Georgia, news outlets report how massage therapy has benefitted local high school football players both physically and mentally.
Even good news, though, brings with it certain hazards. For instance, if you start attracting more customers to your spa, you’ll also face a greater likelihood of being faced with lawsuits alleging bodily harm or property damage. If a client sues you for injuries they suffered while visiting your practice, it could be financially difficult to defend yourself if you don’t have General Liability Insurance, which helps pay for litigation and potential settlements.