Income Protection Insurance Uk Self Employed
As self employed people don t benefit from sick pay or redundancy pay it might be worth having self employed income protection.
Income protection insurance uk self employed. Like with other insurance policies income protection has a waiting period or deferral period. Self employed income protection. That s why you might want to think about income protection. Income protection for self employed pays out following a deferred period of between 4 weeks and 12 months.
In particular our advice supports the needs of contractors. Income protection for self employed people is an insurance policy that pays out if you can t work due to an injury or illness. Here at black lion insurance we d like to think that we re an authority on income protection. Compare income protection insurance for self employed people and find a deal to suit you.
Many self employed people consider income protection insurance and critical illness cover in case they get too sick or injured to work or get a serious illness. But as your own boss you don t have access to traditional employee benefits. Being self employed can have many benefits including flexibility and tax breaks.