Cryotherapy Insurance for Agents & Brokers

Cryotherapy insurance provides coverage for the unique risks and liabilities associated with all things below 0°. Our policies include professional & general liability for Walk-In Cryotherapy Units or Hand-held Cryotherapy Devices. We can also provide property coverage for the devices and units themselves.

Yes, they can be. If they are employees of the insured, they should have them covered under their policy. If they are independent contractors who are working under your client’s business name then we can also include them. If they are working under a different business name then they will need to obtain their own coverage and name your client as an additional insured.

The cost of Cryotherapy insurance can vary based on several factors. Insurance providers consider these factors when determining the premium for a policy. Here are some key factors that influence the cost of Cryotherapy insurance:

1. Size and scope of business – The size of your business, whether you have a large spa with multiple types of operations or just 1 small suite with a Cryo Unit can impact the insurance cost. Larger facilities that offer more services may have higher premiums due to an increased risk and liability associated with more clients coming into the spa.
2. Type of additional services – Some services are more invasive than others which create more long term problems if a claim were to arise. Therefore the type of services being performed may impact the insurance cost.
3. Claims history – Insurance companies consider the claims history of your cryotherapy business when determining the cost of coverage. If you have a history of claims, it may result in higher premiums.
4. Safety measures and risk management practices – Insurance providers assess the safety measures and risk management practices implemented by your business. Having robust safety protocols, ensuring your employees and you are properly trained for all services being performed and regular maintenance practices can help lower insurance costs by reducing the likelihood of accidents and claims.

Yes, Cryotherapy insurance policies typically have exclusions or limitations that outline specific situations or circumstances where coverage may not apply or may be limited. These exclusions and limitations can vary depending on the service being provided. Some of the main exclusions are:

1. Temperatures colder than -260°F.
2. Any treatments done on anyone under the age of 16 unless scheduled herein; without consent form signed by parent/guardian if age 17 or under; and/or without a parent/guardian remaining in the treatment room if age 14 or 15.
3. Any treatments done without protective clothing that prevents rapid freezing, including but not limited to gloves, footwear, and underwear.
4. Any treatments done in single person booths that do not elevate the head outside the chamber if using liquid nitrogen.
5. Any treatments that are not supervised.
6. Any treatments done on professional athletes.
7. Any treatments longer than 3 minutes per session.

It’s important to carefully review the insurance quote and policy and understand the exclusions and limitation that may apply.

We prefer you complete PPIB’s application for us to provide accurate terms. Since we have customizable coverage to offer your clients, we have specific questions we need answered. Therefore, we have created a specific application to obtain all the information we need to provide an accurate quote for your clients. Acord application and other supplemental applications are missing many of the important questions to help obtain critical information to determine accurate terms. This is why we prefer our Medispa application to be completed to obtain a quote. We want to make sure the quote we are providing has the most accurate terms for you to bring to your client.

Once you have a completed application email the application to submissions@ppibcorp.com

To become appointed, we will need a copy of your Agency’s license, copy of declarations page or certificate of insurance of Agency’s E&O, signed & dated Broker Agreement and W9. Please click here to access our Broker Agreement. 

No, we can offer you a quote without you being officially appointed, but we will need to have your appointed in order to bind.

A list of the binding requirements will be proved on the quote, in a section on the last page of the letter, advising what is needed in order to bind coverage.

Our carriers require us by contract to file all surplus lines taxes. However, brokers with Surplus Lines Licenses may be able to file taxes.