Is income protection worth having if you are self…
Send Email
As self-employed people don’t benefit from sick pay or redundancy pay, it might be worth having self-employed income protection.
Income protection for self-employed people is an insurance policy that pays out if you can’t work due to an injury or illness.
Having this kind of insurance in place could protect you from being out of pocket during a difficult time. This could leave you with one less thing to worry about.
By getting income protection insurance, self employed people can stop worrying about what’d happen if they were too ill or injured to work.
You can have the peace of mind that even if you couldn’t work, you’d still have some self-employed income for mortgage payments, debts and bills. You’d still be able to look after your family and possibly even maintain the same lifestyle, depending on how much cover you get.
I am an Independent Financial and Mortgage Adviser and have worked in Financial Services for over 12 years. During my career I gained experience in assisting both individual and corporate clients.…
Follow us for more articles and posts direct from professionals on
Post articles and opinions on Birmingham Professionals
to attract new clients and referrals. Feature in newsletters.
Join for free today and upload your articles for new contacts to read and enquire further.