First for Women Small Business Insurance

Introduction

First for Women’s small business insurance offers short-term business cover with a focus on women-led businesses. It provides the essential protections a small business needs, from assets and liability to income, from a recognised South African insurer.

Who it suits

It fits a woman-owned or led small business looking for tailored business cover from an insurer that markets specifically to women, with the usual short-term protections.

What you get

  • Cover for business assets, stock and equipment.
  • Liability protection against claims.
  • Business interruption cover for income.
  • Policies and service aimed at women in business.

Pricing

Premiums are quote-based, set by your business, its risks and the cover chosen. Request a tailored quote for an accurate figure.

Our take

First for Women is worth a quote, especially if its women-focused positioning and any bundled benefits appeal to you. As always with insurance, compare the actual cover, not just the premium. See business insurance basics and compare via Youinsure.

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Main Features

Business Vehicle Insurance: First for Women business vehicle insurance safeguards your finances against accidents, damage, theft, and liability claims.

Hospitality Insurance: First for Women covers your business from unexpected events, like property damage or liabilities. This is ideal for bed and breakfast businesses, holiday resorts, catering services and event planners, among many others.

Public Liability Insurance: First for Women’s public liability insurance provides cover for your business if you or your employees are found legally responsible for causing injury to a third party or damaging their property.

Business Assets Insurance: First for Women protects your business property, equipment, and stock against loss, damage, and liability, ensuring your operations remain secure and uninterrupted.

Biz Assist: First for Women’s Biz Assist provides invaluable support services including roadside assist, safe drive and convenience drive, digital marketing, tender assist and financial advice among many other services. Biz Assist is free for all policyholders.

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, number of employees, location and claim history.

Pros and Cons

Pros

Tailored coverage
Focus on women-owned businesses
Free support services

Cons

No clarity on additional fees
Limitations on cover for larger businesses
FAQs

While the company focuses on supporting women entrepreneurs, their small business insurance policies are generally available to all everyone.

First for Women offers insurance for a variety of small businesses, but it’s best to check their website or contact them directly to see if they cover your specific industry.

First for Women understands the unique challenges faced by women entrepreneurs. They may offer tailored coverage options and resources that cater specifically to the needs of women-owned businesses.

Filing a claim can potentially lead to increased premiums, but this depends on the severity and frequency of the claim. First Women should have a claims history factor policy outlined that explains how claims impact their rates.

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