The Importance of Disability Insurance for Self-Employed Workers

Being self-employed or an entrepreneur offers a lot of freedom, but it also comes with significant responsibilities. Unlike traditional employees, you don’t receive paid sick leave or employer-provided disability coverage. So, what happens if you’re unable to work for several months due to an accident or illness?

At Insured Wealth, we offer disability insurance solutions specifically designed for self-employed workers and entrepreneurs. Disability insurance allows you to receive a portion of your income (usually between 60% and 80%) if you become temporarily or permanently unable to work. This helps you continue paying your bills, supporting your family, and maintaining a decent standard of living while you recover.

There are several types of disability insurance. For example, short-term disability insurance can cover a period of a few months to a year, while long-term disability insurance can last until retirement. At Insured Wealth, we work with you to understand your needs, current income, and risk tolerance to provide coverage that ensures financial security even in difficult times.

Disability insurance is an essential safety net for any self-employed professional. By securing protection with Insured Wealth, you can continue working with peace of mind, knowing that your finances are protected—no matter what happens.