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14.09.2021

Is income protection worth having if you are self employed?

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Nadia Khan DipPFS Cert CII (MP), Wren Sterling

Is income protection worth having if you are self…

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  • 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.
  • Income Protection
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  • Insurance
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Nadia Khan DipPFS Cert CII (MP) Wren Sterling

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.…
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Meetings are a necessary but often frustrating part of working. We spend hours and hours a week in meetings, but we…
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