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23 January 2020 Category: Article Archives, Life Insurance

What Freelancers Should Know About Getting Life Insurance

How freelancers can secure the right life insurance coverage.


There are many benefits to going freelance. Not only can you be in control of your work, but get to create a flexible schedule that works for you. Freelancing is especially great if you have a parent or child that relies on you to be there. But what happens if you’re not there to take care of your loved ones? If you were to suddenly pass, how would your loved ones cope? You may not have an employer-sponsored life insurance policy as a freelancer, but it’s important that you consider taking out coverage to safeguard your family.


What the self-employed should know about life insurance

  • It’s more affordable than you think. Most people overestimate the cost of life insurance, often thinking it costs two to three times more than it does. Fortunately, life insurance can be tailored around your needs – and budget.
  • Term life insurance may be ideal for you. There are two types of life insurance coverage – whole and term. Whole covers you for your entire life, whereas term covers you for a set amount of time, such as 10, 20 or 30 years. Term policies are ideal if you’re looking for temporary coverage that is incredibly affordable.
  • You have the freedom to choose your own policy. Being a freelancer means you won’t receive life insurance benefits from employers, which allows you to choose the life insurance that suits your needs. You award yourself the flexibility to change job roles without worrying about the state of your life insurance policy.


When you’re looking for a new policy, we are here to help. To speak to a team you can trust, contact the professionals at Massive Insurance. We are ready to get you the right life insurance coverage today.