Self Employed Income Protection

We believe in offering personalised solutions. Our experienced advisers work with you to tailor an Income Protection plan that suits your unique circumstances. We understand that every individual’s financial situation is different, and we’re here to provide a plan that matches your needs.

1. Income Replacement: Income Protection ensures that you continue to receive a regular income if you’re unable to work due to illness or injury. This is essential for self-employed individuals who often have no sick pay entitlement and rely on savings to get through periods of illness.
2. Long-Term Support: Income Protection offers financial support for an extended period, usually until you recover, retire, or reach the policy’s predetermined end date.
3. Customized Policies: You can tailor your Income Protection policy to match your income and financial needs. This includes choosing the level of coverage and the waiting period before benefits start.
4. Tax-Free Payouts: The income replacement payments are tax-free, allowing you to receive the full benefit amount. However, it may impact on your ability to claim some means-tested benefits.
5. Rehabilitation Support: Some policies include access to rehabilitation services to help you return to work faster and with greater ease.
6. Return-to-Work Benefits: Certain policies offer additional benefits if you return to work part-time or with reduced income due to your illness or injury.

Baker Hudson goes the extra mile to tailor insurance policies to your unique needs. We offer a range of options & our experienced agents will work closely with you to find the right coverage at the right price.