Self Employed Life Insurance

Finding life insurance for a self-employed person.

Are you trying to find the right life insurance as a self employed person? There are insurance providers who do not offer policies to those who are self-employed, because they see them as a risk. We can help you weed out the employers who do provide life insurance for self employed people. Using our service, you can compare quotes quickly and fuss-free.

What is self-employed life insurance?

This is a type of life insurance marketed towards self employed people. It takes their occupation into account. Self employed people can take out a standard policy but they may find the uncertainty in their job pushes the premiums up. With a tailored policy, this doesn’t happen.

What sort of things does it protect you from?

These life insurance policies protect you against the financial implications of your own death. If something badly hurt you, it would pay some of your loss of earnings. If something on the job killed you, it would pay money towards your funeral, or to your loved ones.

Is it a legal requirement?

The only legally mandatory work related insurance type in the UK is employee’s liability. So no, it is not mandatory.

Can I still get life insurance as part of a mortgage if I am self-employed?

Self-employed people can buy the same types of life insurance policies as those in employment based work. This means you will still have access to mortgage-based life insurance policies if you work for yourself. However, you may be better off seeking out specific life insurance for self employed people because it might better suit your needs.

Other insurance types that could benefit your business

If you are a self employed person, life insurance isn’t the only thing to think about. Have you bought business insurance for your SME? Do you have an income protection policy in place? Are you insured against damage to your stock? All these things can impact your ability to stay open for business.

What other types of life insurance can you get if you are self-employed?

There are options available to you if you know where to look. Your job might not impact a whole of life or set term life insurance policy, for example. If you are of a certain age, you could apply for an over 30’s or over 50’s policy, instead. If you tell your policy provider that you work for yourself, there is no problem in doing so.

How much does it cost to get self-employed life insurance?

In the UK, you can find out how much self employed persons life insurance is by conducting a quote comparison. Simply log on to the Quotezone website to start finding prices.

Where can I compare quotes on life insurance for self-employed people?

You can compare quotes on life insurance for self employed people by using the Quoteszone.co.uk tool. It is fast and free. Simply enter your details and retrieve your quotes to compare them.