- LIFE INSURANCE
- INCOME PROTECTION
- HEALTH INSURANCE
- BUSINESS PROTECTION
- SPECIALIST INSURANCE
If you are self-emplyoyed being too sick to work is likely to cause an instant cash problem, income protection will provide the sick pay you need to keep the bills paid until you can get back to work!
Private health insurance can supplement NHS treatment to get you back to health as fast as possible. For the self-employed; time is not a luxury, so it can be worth taking advantage of the benefits health insurance provides and make sure that your health care is of the highest standard available:
It can be impossible to predict injuries or debilitating illnesses but for the self-employed planning for them is essential. If any of these happen, you will still need to pay your mortgage/rent and bills and with no employer to rely on for sick pay you will need to have your own provisions in place.
Having the right type of insurance can help you to cover these expenses, and provide your own form of death in service to protect your family if the worst should happen.
Most insurance for the self-employed focuses on protecting your wealth and health, life insurance seeks to look after those you leave behind if you pass away. Being self-employed you will need your own "death in service" package. Thankfully these are the most affordable plans!
A critical illness policy will pay out a lump sum if you’re diagnosed with one of the specified serious/critical illnesses named on your plan. Commonly these include cancer, heart attacks, strokes, multiple sclerosis and accidents which may have left you disabled.