Comments on: I’m Self-Employed. Do I Need Disability Insurance? http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/ Helping Your Freelance Business Thrive Sat, 31 Jul 2010 06:21:41 +0000 hourly 1 By: Valencia http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/comment-page-1/#comment-45 Valencia Fri, 01 Feb 2008 23:06:56 +0000 http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/#comment-45 @ Opal - That's a terrific backup plan. One of my short-term goals is to create a cash reserve equal to at least six months income. We'll see how it goes! :-) @ Suzanne - As a freelance writer, I couldn't get a disability insurance policy. However, several companies offer coverage to other types of telecommuters. I would suggest talking with an insurance agent. I have a friend who's an insurance agent, and I received a Universal Life policy. Once the policy matures, I can withdraw money in the event of short-term disability. Plus, I put aside money in an emergency savings account. @ Opal - That’s a terrific backup plan. One of my short-term goals is to create a cash reserve equal to at least six months income. We’ll see how it goes! :-)

@ Suzanne - As a freelance writer, I couldn’t get a disability insurance policy. However, several companies offer coverage to other types of telecommuters. I would suggest talking with an insurance agent. I have a friend who’s an insurance agent, and I received a Universal Life policy. Once the policy matures, I can withdraw money in the event of short-term disability. Plus, I put aside money in an emergency savings account.

]]> By: Suzanne Wells http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/comment-page-1/#comment-40 Suzanne Wells Thu, 31 Jan 2008 11:55:50 +0000 http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/#comment-40 All good points. I pay for my own health insurance and life insurance, but have only tossed around the idea of disability insurance. Do you have any suggestions on where to start with this - any good plans that you know of with reasonable premiums for self-employed? I've got some emergency funds, but as a single parent, I do worry about "what if." Thanks for the post, and I'll be watching futher comments here if you have any suggestions on where to start this process. All good points. I pay for my own health insurance and life insurance, but have only tossed around the idea of disability insurance. Do you have any suggestions on where to start with this - any good plans that you know of with reasonable premiums for self-employed? I’ve got some emergency funds, but as a single parent, I do worry about “what if.” Thanks for the post, and I’ll be watching futher comments here if you have any suggestions on where to start this process.

]]> By: Opal Tribble - Addicted To Writing http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/comment-page-1/#comment-39 Opal Tribble - Addicted To Writing Thu, 31 Jan 2008 03:37:36 +0000 http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/#comment-39 I would be able to survive. I pay for my own insurance and put aside money for this purpose. I have stocks. I also have an emergency savings fund. I could be out of work for at least a year before I had to think of working. Also the money I make online through my websites and freelance writing is my backup plan. That money goes into savings and investments. I would be able to survive. I pay for my own insurance and put aside money for this purpose. I have stocks. I also have an emergency savings fund. I could be out of work for at least a year before I had to think of working. Also the money I make online through my websites and freelance writing is my backup plan. That money goes into savings and investments.

]]> By: RLD http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/comment-page-1/#comment-35 RLD Wed, 30 Jan 2008 00:07:37 +0000 http://www.telecommutingdiva.com/2008/01/29/im-self-employed-do-i-need-disability-insurance/#comment-35 That's a good call. It's always better to be safe than to be sorry. That’s a good call. It’s always better to be safe than to be sorry.

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