best life insurance for self-employed people
Self-employed people have unique life insurance needs. Without employer-provided group life, you're responsible for your own coverage. Key man insurance protects your business if you die. Buy-sell agr...
best life insurance for self-employed people
Self-employed people have unique life insurance needs. Without employer-provided group life, you're responsible for your own coverage. Key man insurance protects your business if you die. Buy-sell agreement insurance funds the buyout of a deceased partner's share. An executive bonus plan (Section 162) may allow the business to deduct life insurance premiums.
What You Need to Know
- Term life for income replacement — protect your family from losing your business income
- Key man insurance — protects the business from losing you as a critical person
- Buy-sell agreement insurance — funds the buyout of a deceased partner's share
- Executive bonus plan (Section 162) — premiums may be deductible to the business
- An independent agent can structure both personal and business coverage
- Self-employed income is irregular — consider coverage that matches your actual income
Why Patriot Plans for Self-Employed Individuals?
Patriot Plans is 100% independent — we work for you, not the insurance companies. We've helped 400,000+ families find the right coverage, including thousands of self-employed individuals. Our licensed agents understand the unique needs of your situation and can identify the carrier and plan that's right for you.
Ready to Find the Best Coverage for Your Situation?
Patriot Plans is 100% independent. We compare plans from vetted carriers and find the one that's right for self-employed individuals.