CHOOSE 1ST FOR WOMEN CHOOSE 1ST FOR WOMEN
BODY
CORPORATE
INSURANCE
Tailored cover for your property. Reliable solutions for every community. Additional cover automatically included.
Comprehensive Cover for Community Schemes
When you are responsible for a community, you need more than just insurance. You need a partner you can rely on. First for Women offers cover backed by experience, expertise and a deep understanding of what it means to lead with confidence.
Managing a Body Corporate or Homeowners Association (HOA) comes with unique risks. From property damage to liability claims, even unforeseen events can affect your complex. That is where we come in.
Body Corporate Insurance
This protects buildings and common property in residential complexes from risks like damage, liability and unexpected incidents. Our tailored solutions give trustees and owners the confidence that their investment and their community are secure.
Homeowners Association (HOA) Insurance
This covers common areas, liability exposure and unplanned damages in residential estates. With our specialist knowledge, you can protect your community’s assets while promoting long-term financial stability and peace of mind.
With First for Women, your community scheme is backed by insurance that is built to support strong leadership and sound decision-making, giving trustees, owners and residents the protection they deserve.
What is the difference between Body Corporate and a Homeowner's Association?
The main difference between a Body Corporate and an HOA is property ownership and community structure.
Body Corporate
Ownership Structure
Individual units are owned by separate owners, while the land and common areas are collectively owned. Apartment buildings or complexes.
Common Property
The Body Corporate is responsible for the maintenance and management of common property, including exterior walls, roofs, and shared facilities.
Governance
Governed by elected owners who become the Management Committee or Trustees who manage finances, and maintain common property.
Levy
Unit owners pay a levy to the Body Corporate to fund the maintenance and management of common property and facilities.
Home Owners Association
Ownership Structure
Individual properties are usually full-title homes, meaning each homeowner has exclusive ownership of their property, including the land it sits on.
Common Property
The HOA owns and maintains common areas and facilities, such as parks, swimming pools, and community centres.
Governance
Governed by a board of directors or trustees, elected by the residents. The board enforces rules and regulations and manages the community.
Levy
Homeowners pay a levy or fee to the HOA to cover the costs of managing and maintaining common areas and facilities.
Body Corporate
Ownership Structure
Individual units are owned by separate owners, while the land and common areas are collectively owned. Apartment buildings or complexes.
Common Property
The Body Corporate is responsible for the maintenance and management of common property, including exterior walls, roofs, and shared facilities.
Governance
Governed by elected owners who become the Management Committee or Trustees who manage finances, and maintain common property.
Levy
Unit owners pay a levy to the Body Corporate to fund the maintenance and management of common property and facilities.
Home Owners Association
Ownership Structure
Individual properties are usually full-title homes, meaning each homeowner has exclusive ownership of their property, including the land it sits on.
Common Property
The HOA owns and maintains common areas and facilities, such as parks, swimming pools, and community centres.
Governance
Governed by a board of directors or trustees, elected by the residents. The board enforces rules and regulations and manages the community.
Levy
Homeowners pay a levy or fee to the HOA to cover the costs of managing and maintaining common areas and facilities.
Cover automatically included under buildings combined
Under buildings combined you may claim for loss of or damage to the physical structure of your business building and its outbuildings.
Accidental Damage
Cover for up to R250 000.00.
Leakage Damage
Full Value of Building Sum Insured.
Malicious Damage
Full Value of Building Sum Insured.
Full Value of Building Sum Insured.
Full Value of Building Sum Insured.
Employers Liability
Cover for up to R2 500 000.00.
Public & Trustees Liability
Cover for up to R50 000.00.
Fidelity Guarantee
Cover for up to R50 000.00.
Loss of Money
Cover for up to R25 000.00.
Cover for up to R25 000.00.
Cover for up to R50 000.00.
Office Contents
Cover for up to R100 000.00.
Accidental Damage
Cover for up to R250 000.00.
No matter how hard you work to mitigate risks, some things are simply beyond your control.
That’s why you need Body Corporate Insurance that provides cover for:
Demolition & Clearing Costs
Full value of building sum insured
Professional Fees
Full value of building sum insured
Fire-Fighting Charges
Full value of building sum insured
Power Surge
Full value of building sum insured
Temporary Removal
Full value of building sum insured
Building Escalation Costs
Building Escalation 10% of building sum insured
Other Tenants
Full value of building sum insured
Glass
Full value of building sum insured
Demolition & Clearing Costs
Full value of building sum insured
Professional Fees
Full value of building sum insured
Fire-Fighting Charges
Full value of building sum insured
Power Surge
Full value of building sum insured
Temporary Removal
Full value of building sum insured
Building Escalation Costs
Building Escalation 10% of building sum insured
Other Tenants
Full value of building sum insured
Glass
Full value of building sum insured
Mortgagee interest protection
The interest of any mortgagee in the buildings, improvements, landlord’s fixtures and fittings and rent insured only, shall not be prejudiced by any act or omission, on the part of the Body Corporate, mortgagor or mortgagor’s tenants resulting in an increased hazard, provided that such acts or omissions have been affected without the knowledge of the mortgagee.
Total loss payment to mortgagee
In the event of a total loss, we will only indemnify the mortgagee for the outstanding balance still due on the property. The mortgagee shall, however, inform us as soon as such act or omission comes to the attention of the mortgagee and the Body Corporate shall be responsible for any additional premium payable from the date, we agree to take on an increased hazard.
No indemnification for increased hazard
In the event of any act or omission, as defined in the general terms and conditions of the policy, by the Body Corporate, mortgagor or mortgagor’s tenants which resulted in an increased hazard, no indemnification shall take place to the Body Corporate or mortgagor.
Mortgagee interest protection
The interest of any mortgagee in the buildings, improvements, landlord’s fixtures and fittings and rent insured only, shall not be prejudiced by any act or omission, on the part of the Body Corporate, mortgagor or mortgagor’s tenants resulting in an increased hazard, provided that such acts or omissions have been affected without the knowledge of the mortgagee.
Total loss payment to mortgagee
In the event of a total loss, we will only indemnify the mortgagee for the outstanding balance still due on the property. The mortgagee shall, however, inform us as soon as such act or omission comes to the attention of the mortgagee and the Body Corporate shall be responsible for any additional premium payable from the date, we agree to take on an increased hazard.
No indemnification for increased hazard
In the event of any act or omission, as defined in the general terms and conditions of the policy, by the Body Corporate, mortgagor or mortgagor’s tenants which resulted in an increased hazard, no indemnification shall take place to the Body Corporate or mortgagor.
Yes, you can get these extra benefits at no additional cost
Our Biz Assist Benefits provide invaluable support to professionals across South Africa. With services like below, we empower you to navigate the complexities of running a business successfully.
Safe Drive & Convenience Drive
If your car is out of commission, we’ll ensure you get a safe ride to your destination.
Roadside Assist
24/7 roadside assistance with fuel delivery, tyre changes, jump-starts, & towing.
Emergency Medical Assist
Immediate access to medical professionals for emergencies at your business premises.
IT Help Desk
Telephonic support for IT issues; troubleshooting; setup, connectivity, and installations.
Digital Marketing
Helping you build a strong digital presence with branding and marketing solutions.
Collections Assist
Recover unpaid invoices with expert collections and legal support.
Tender Assist
Provides businesses with pro-active notification of tenders as they arise.
Financial Advice
Telephonic financial advice covering budgeting, credit reports, and debt counselling.
Safe Drive & Convenience Drive
If your car is out of commission, we’ll ensure you get a safe ride to your destination.
Roadside Assist
24/7 roadside assistance with fuel delivery, tyre changes, jump-starts, & towing.
Emergency Medical Assist
Immediate access to medical professionals for emergencies at your business premises.
IT Help Desk
Telephonic support for IT issues; troubleshooting; setup, connectivity, and installations.
Digital Marketing
Helping you build a strong digital presence with branding and marketing solutions.
Collections Assist
Recover unpaid invoices with expert collections and legal support.
Tender Assist
Provides businesses with pro-active notification of tenders as they arise.
Financial Advice
Telephonic financial advice covering budgeting, credit reports, and debt counselling.
Get Cash back for your Business
Add the optional Cash Back Bonus to your 1st for Women Insurance policy to start earning rewards
+16 733
customers received their Cash Back Bonuses over the last 5 years
+R138 million
paid out to customers in Cash Back Bonuses over the last 5 years
*Cash back is an optional benefit available at an additional cost. Cover and Cash back Terms & Conditions online. The figures above are based on Cash Back received by all 1st for Women customers, derived from system reports and verified by the TIH Actuarial team. Data reflects figures as of February 2025 and may vary slightly due to reporting processes.
Other essential Business Insurance solutions for women
Professional Indemnity Insurance
Covers claims of negligence, errors, or omissions, protecting professionals like lawyers and accountants from legal costs and reputational risks.
Directors & Officers Liability Insurance
Protects companies and leaders from legal actions related to decisions, covering legal fees, settlements, and claims of negligence.
Public Liability Insurance
Covers businesses for financial losses from third-party injury or property damage, providing security for unexpected incidents.
Events Liability Insurance
Protects event organisers from financial losses due to unforeseen incidents, including third-party injury, property damage, and liabilities.
Professional Indemnity Insurance
Covers claims of negligence, errors, or omissions, protecting professionals like lawyers and accountants from legal costs and reputational risks.
Directors & Officers Liability Insurance
Protects companies and leaders from legal actions related to decisions, covering legal fees, settlements, and claims of negligence.
Public Liability Insurance
Covers businesses for financial losses from third-party injury or property damage, providing security for unexpected incidents.
Events Liability Insurance
Protects event organisers from financial losses due to unforeseen incidents, including third-party injury, property damage, and liabilities.
Get a quick quote for your Body Corporate Insurance!
1st for Women is a licensed non-life Insurer and Financial Services Provider. Terms and Conditions online.
