Introduction
Founded in 2004, First for Women is more than just an insurance company; they’re champions of female entrepreneurship in South Africa. Recognizing the distinct needs of women business owners, they offer a tailored approach to insurance that empowers women to achieve their full potential.
First for Women goes beyond simply offering insurance products. They understand the unique risks and challenges faced by women entrepreneurs and offer business cover that is tailor-made as well as multi-line insurance. They offer 6 types of business insurance coverage.
Main Features
– 1st for Business Women – cover for businesses dealing directly with the public e.g. retail store, coffee shop, hair salon, flower shop etc.
– 1st for Professional Women – cover for women who run a business and are required to be part of a registered body such as lawyers, accountants, engineers or consultants.
– 1st for Executive Women – protection against risks to your personal life and professional career.
– Errors and Omissions – protects against mistakes that could lead to disastrous consequences.
– Directors and Officers cover – for errors in judgement or reputational loss of the company because of you as a director.
– Business Assist – gives access to a range of benefits including office assist, safe drive, professional advice and more.
Pricing
The cost of your business insurance cover will depend on the type of cover that you choose. Here are four factors that affect the price, type of business, business size and the number of employees, location and claim history.
