Ep #068: Disability Insurance for the Self-Employed: What You Need to Know
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When you own your own business, everything depends on you – and it can be hard to take off even one day from work. But what if a serious illness or injury prevented you from working and you had no income for months? How would you, your family, or your business survive and what would you live on?
In this episode I discuss:
- How disability insurance works
- How much protection should I have?
- How much does a typical policy cost?
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→ Understand the complexity of navigating a business transition
→ Assess their level of preparedness from a financial, tax, and legal perspective
→ Plan for the next chapter of their life
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