When it comes to insurance for self-employed types, there are several options to consider. What you ultimately choose will depend on your individual needs. Before you make a decision, make sure you compare your options carefully. Do not hesitate to ask questions to clarify anything that you do not understand. Insurance policies are not always straightforward when it comes to being self-employed.

Health Coverage

For most freelancers and other self-employed people, health insurance coverage is a top concern. Because most health insurance comes through employers or the government, the thought of going through the process independently can be intimidating at first. Do not worry though!

Term Life Protection

Something else to think about as a self-employed worker is life insurance. In a nutshell, this is coverage that protects your loved ones in case you die. If you work in an industry that presents significant safety risks such as private security, this may be particularly important to have.

Business Insurance

Depending on the legal structure that you establish for your self-employment, it may also be necessary (or at least wise) to purchase small business insurance coverages as well. This is especially true if you work with a significant number of customers.