What are the risks of underinsurance for medical malpractice policies within the (UK based) beauty industry?
1. Inadequate Coverage for Claims: Underinsurance may result in insufficient funds to cover compensation for injuries or adverse reactions caused by treatments, leaving practitioners professionally liable. 2. Legal and Regulatory Repercussions: Failing to meet minimum insurance requirements for certain treatments (e.g., cosmetic injectables, non-surgical treatments or laser treatments) can lead to fines, legal action, or […]