A recent article by Health Insurance and Protection Daily, stated that almost three in 10 (29%)* of British workers plan to become self-employed in the future, which is an increase from 15%* a year ago.
However, financial fears cause the most concern when deciding to become your own boss. This coupled with potentially no safety net to fall back on if they lose their income due to illness or injury, make the self-employed particularly financially vulnerable.
For example our Member, Andrew Jennings a self-employed Joiner who, due to a torn ligament in his shoulder couldn’t work for five months.
“I would have really struggled without the income protection; I’d have had to rely on my wife’s income and my savings, but the savings wouldn’t have lasted forever.”
“I’d urge anyone to think about getting income protection, particularly if like me, you’re self-employed.”
With the growth of self-employed clients, there is an increased need to ensure those clients are financial protected.
Our income protection contract, My Earnings Insurance is ideally suited to the self-employed. With Day One Cover, no loadings for occupation and optional Severe Injury Cover.
Call our Sales Team on 0800 587 5098 option 2 today to protect your self-employed clients.