Risk management is a crucial requirement in protecting your med spa business investment. Acquiring insurance is one of the most important ways to protect yourself and your business. Operating without it can open you to greater financial liability from lawsuits filed by patients and vendors, as well as other legal trouble.

What type of insurance should I have?

We generally recommend that our clients have medical malpractice and general liability insurance policies. General liability insurance protects your company if you cause injury to others or damage to others’ property. Medical malpractice insurance covers physicians and other medical professionals for liability arising from disputed services resulting in a patient’s injury or death.

What do I need coverage for?

Working with an insurance vendor allows you to customize your insurance plans to suit your needs. Med spa policies can be customized to the needs of each practice, but “standard” policies generally provide coverage for liability related to aesthetic and medical procedures like:

  • Botox injections
  • Dermal filler injections
  • Chemical peels
  • Laser therapy and IPL treatment
  • Anti-aging hormone treatments
  • Medical weight loss
  • Alternative medicine treatments like platelet-rich plasma (PRP) and IV therapies

How much will insurance for my med spa cost?

A basic med spa insurance policy generally costs between $2,500 to $5,000 per year for a $1 million claim limit of liability.  The actual cost of med spa insurance coverage will depend on various factors. The greater the coverage you want, the types of procedures you offer, and additional coverage such as workers’ compensation or adding general liability coverage will increase your costs.

How can Lengea help me?

Here at Lengea, we offer our clients an expansive resource guide that includes recommendations for insurance vendors. Signing on with us will get you access to these vendors and so much more. To see how else we can help your business thrive, sign up for a free consultation with our lawyers today!


*This blog post is for informational purposes only and does not constitute legal, financial, or medical advice or the forging of an attorney-client relationship. Please retain the services of an attorney to receive legal advice on how the law applies to your business.