Fempreneur? These are the 4 types of insurance you need for your business

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Life is easier when you mind your own business. This may be true in life but as an entrepreneur, minding your own business is tough.

It takes a whole lot of grit to navigate the minefields of She-EO-ship but once you do, it will be well worth the effort.To safeguard the fruits of their hard labour, many entrepreneurs opt for the safety net of business insurance because no one can afford to watch their hard-earned investment fail due to unforeseen events.

A few examples of these benefits include 24/7 telephonic support from professional advisors, mentors and specialists who are experts in all the key business areas like technology, HR and operations; plumbing and electrical call-outs; logo and website design and marketing support, as well as point-to-point vehicle transfers – ideal for offsite meetings or round trips to the airport.

While each business is as unique as its owner, there are 4 types of insurance that every fempreneur should consider:to cover your assets against various losses that result from natural and man-made causes. A client’s car could be damaged while parked in on your property. Alternatively, a product supplied by you could cause injury to your customer.A similar type of protection for professionals is called Errors & Omissions insurance which is needed by anyone who charges a fee for rendering services such as design, advice, guidance, assessment or counselling, for example.

 

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