The adult industry is an industry just like any other and like all the other businesses, it has to work under specific rules and guidelines which include having the right insurance. Unfortunately, because of its nature lab dancing clubs, escort agencies and people in charge of legitimate sex shops or those involved in the adult entertainment industry go through difficulties when trying to obtain adult industry insurance at a fair and affordable price.
No one should have problems while getting the coverage they need to protect their establishment, employees and themselves no matter the nature of their operations. Forward-thinking insurance providers should be able to provide the adult entertainment industry with comprehensive and affordable coverage. Insurance is important for everyone but make sure you get a broker who knows what you and your business needs and how you can find the best deal at an affordable price.
What Kind Of Adult Industry Insurance Cover Do I Need?
This depends on what kind of business you run. For instance, if you run a sex shop then the shop insurance will cover most eventualities. This includes commercial building insurance cover, product liability (important if you are selling sex toys), and business interruption cover (for instance when you are unable to run the business due to damage through civil unrest, fire, earthquake, or flooding). In case you have the public coming to your building consider taking public liability insurance. Do not forget that you are legally bound to have employer’s liability insurance if you have employees either permanent or on a part-time basis.
Include Your Vehicle
This is for the vehicle you use to get to your appointments if you run adult entertainment events such as hen dos or stripper appearances or adult parties. The vehicle should have the right type of insurance. In case you decide to use your vehicle for business purposes, normal car insurance will not cover you no matter how comprehensive it might be. The only way to make sure you are fully protected is by getting commercial car insurance that includes using your vehicle for business operations.
What About Sex Industry Insurance?
The type of services you offer in your operation is what will ultimately determine the type of sex industry insurance you will require. For instance, In case you specialize in Dominatrix or BDSM you will find it hard to acquire insurance that protects you against personal injury claims. However, those working in an escort agency can take out loss of earnings cover if they are not able to work for any reason or take out personal injury protection.
Protect Your Online Business
Even for businesses that are strictly online, it’s advisable to protect yourself and your assets. The most common problem in the online sex industry is hacking. The result of this happening to your website is that you could lose your hard-earned money.
If you are unable to trade for a while, business interruption insurance will cover you and keep your income coming in. Consider product insurance if you are trading sex toys or equipment online. Adult industry insurance is available to all businesses that are connected to the sex and adult entertainment industry.
