Life insurance
Life insurance for freelancers, gig workers and the self-employed
If you work for yourself, there is no employer plan to fall back on, so any life insurance is one you buy. Base the amount on the income your family relies on and on any business debts they could inherit.
Things to consider
- How much of your household's income comes from you.
- Business loans or lines of credit you have personally guaranteed.
- How long your family would need support.
- Whether your income is steady enough for the premium.
Showing your income
Insurers may ask for tax returns or income records. Self-employed applicants should have recent returns handy.
Have this ready when you call
- Recent tax returns
- Business loans and personal guarantees
- Monthly household spending
- Your health basics
Common questions
Can I get coverage if my income varies?
Yes. Insurers look at your income over time. We can help you present it.
Is term insurance a fit?
Many self-employed people choose term for the years their family depends on them.
Related answers
Rather talk it through?
Call 855-367-1095 and a licensed agent will go through your situation with you. There is no charge to ask, and no obligation to enroll.
- Licensed insurance help
- No guaranteed eligibility, pricing, or availability
- Educational starting point
Information on this site is educational and does not guarantee eligibility, enrollment, pricing, or availability. It is not a recommendation to buy any specific plan or policy.