Freelancers and self-employed people don’t get employee benefits like health or life insurance. That’s why it’s important for them to buy personal insurance for protection.
Freelancers should consider:
- Health Insurance – To cover medical costs.
- Term Life Insurance – To protect their family in case of early death.
- Accident Insurance – For injury or disability from accidents.
- Professional Liability Insurance – To protect against client disputes or losses.
These plans give financial safety and reduce stress during uncertain times. Some banks or associations also offer group insurance for self-employed people.
Having the right insurance allows freelancers to focus on work without worrying about unexpected emergencies.
