Today, due in large part to the mass company layoffs of the past several years, more people have become self-employed. For those who fall into this category, disability insurance for self employed professionals is extremely important, as it can be the only thing that protects your income in the event of an unexpected illness or injury.
Imagine for a moment what would happen if you were unable to bring in an income for a week, a month, or a year. How would your living situation be affected? Would you be able to maintain the same lifestyle? Would your mortgage be paid on time? Or would it require substantial cutbacks, dipping into savings, or a reliance on family and friends for financial support?
Where to Look for Disability Insurance for Self Employed Professionals
Today, searching for disability insurance coverage can be easy and convenient thanks to the Internet. Our company can allow you to compare the features and benefits of top rated disability insurance companies and to obtain quotes quickly.
In most cases, you can protect between 60 and 80 percent of your wages – which essentially can also help you in shielding some or all of your savings as well, keeping funds in-tact and in place for the purpose they were originally intended for.
Constructing a Disability Policy
Disability insurance for self employed professionals and the policies that they can purchase contain several components. These include: