FREE expert help & advice 0800 083 2829

Contact our specialist team for FREE expert help & advice 0800 083 2829

Self Employed Income Protection

The Insurance Surgery: Award-winning Life Insurance Broker. The Insurance Surgery has over 25 years of experience finding suitable policies for our clients.

What Is Self Employed Income Protection?

Income Protection Insurance is similar to critical illness cover. It is an insurance policy which pays benefits to policyholders who are incapacitated. They may be unable to work due to illness or because of an accident.

If circumstances change overnight and you are unable to work, you can be prepared for the unexpected by having a policy in place. It would allow you to continue to pay for your home and put food on the table.

There are many things to consider when you are self employed, including income protection if something was to prevent you from working. If the Covid-19 pandemic has taught us anything, it’s that circumstances can change overnight. Having Income Protection in place is the best way to cover yourself if you are unable to earn a wage to provide for yourself and your family.

In this article, we explore some of our frequently asked questions and give you all the information you need before taking out an Income Protection policy.

High blood pressure (hypertension)

Increased stroke risk

Risk of aortic rupture

Nosebleeds

Angina

Cramping sensations in the legs

Sensitivity to hot and cold

Weak muscles

Those with severe coarctation of the aorta usually require surgery, although this will depend on their age and overall health. The required procedure is one that widens the aorta, known as an angioplasty procedure.

How Might Income Protection Benefit the Self Employed?

STEP 1

Complete form

STEP 2

Speak to us about your needs

STEP 3

We’ll search the market

STEP 4

We recommend the best product to suit your needs

STEP 5

Tell us when you want it to start!

As self-employed people don’t benefit from sick pay or redundancy pay, it might be worth having self-employed income protection. By getting income protection insurance, self employed people can stop worrying about what would happen if they were too ill or injured to work.

With a self employed income protection policy, you will have peace of mind that even if you couldn’t work, you’d still have some self-employed income for mortgage payments, debts and bills.

You would still be able to look after your home and provide for your family, as well as possibly maintaining the same lifestyle that you enjoy now. This would all depend on how much cover you take out.

It can be especially attractive to people who work in dangerous industries where they are at high risk of being injured and unable to work.

Severity of the condition

When you were first diagnosed with coarctation of the aorta

Your age

Whether your coarctation of the aorta has been treated surgically

Medications currently being taken

Family medical history

Whether you smoke

Any other related health complications such as heart disease

At The Insurance Surgery, we are leading specialists for putting people in touch with the best insurers when they are seeking to take out life insurance with a condition like coarctation of the aorta. We understand that every client’s condition and circumstances are different, and will help compare the market to find you the best life insurance providers and cover plans for your needs. Simply enter your details into one of our online forms for your free no-obligation life insurance quote.

If you have any further questions about Self Employed Income Protection, now is the best time to contact The Insurance Surgery to begin the process. You can do this by using our quote form to fill in all your details, and a member of our expert team will contact you. Alternatively you can call us directly on 0800 083 2829 to speak to someone about your circumstances.

At The Insurance Surgery, we are the UK’s No.1 Specialist Insurance Broker. We are experts in life insurance and other insurance policies for people with medical conditions, dangerous occupations and those who are self employed. 70% of people declined elsewhere can get an insurance policy through us.

Coarctation of the Aorta life insurance

Underwriters assessing life insurance for those with coarctation of the aorta will consider the following:

Underwriting for professional football players seeking life insurance cover will depend on the following factors. Insurers may request more details on the following:

Your age

Your current weight and lifestyle

The date of your initial diagnosis

Any other associated health conditions such as heart attack or stroke

Associated congenital conditions such as heart disease

Whether you have high blood pressure

Whether you have had surgery for coarctation of the aorta

Whether you smoke

The impact your condition has on your job

Following these considerations, an insurer will normally be able to inform you of the kind of policy you will be eligible for based on your circumstances.

Generally speaking, if you have coarctation of the aorta but your symptoms do not require treatment and you have never been in hospital for surgery as a result of your condition, you should be eligible for a ‘non-rated’ life insurance policy.

However, if you have had an angioplasty procedure to correct your condition, and you are suffering from symptoms in line with it, you may be considered a higher risk for life insurance, and could pay a higher premium than someone with no symptoms. An insurer will likely request medical records from your doctor to confirm your details and to offer you the best policy available.

At The Insurance Surgery, we have helped many people find the right coarctation of the aorta life insurance cover for their needs. Ratings for an individual seeking life insurance with coarctation of the aorta can vary depending on their individual circumstances, so it is important that you approach the right insurance provider that understands the nature of your condition.

Do You Need Life Insurance?

If you’re the primary breadwinner or share financial responsibilities, a life insurance policy can help your family maintain their standard of living in the unfortunate event that you’re no longer around to support them.

Life Cover Terminology

Understanding life insurance terminology is essential for policyholders to make informed decisions about their cover, we have broken down the meaning for some of the most used terms.

Useful Links

At The Insurance Surgery, we are specialist life insurance providers for those who have congenital heart defects like coarctation of the aorta. We can help compare the market to find you the right insurance providers that can meet your needs while understanding the nature of your condition.

Why Choose The Insurance Surgery?

Rated ‘Excellent’ on Trustpilot.

We take pride in the experience that we offer, guaranteeing excellent service at all times.

25 years Experience.

With 25 years of specialist life and protection experience, we can find the perfect policy for you.

Access to a range of insurers.

With a broad selection of partners, we are well-equipped to find the best insurance deals for you.

Award-winning broker.

Known for making insurance simple, The Insurance Surgery is a trusted, award-winning broker.

Benefit from Our Life Insurance Policies Today.

Relax, knowing that your family can receive the financial support that they need after you pass, and trust The Insurance Surgery to guide you through the life insurance process. With 25 years behind us, we are a trusted broker known for our expertise, prioritising transparency, and providing excellent customer service. So, rely on us to ensure you receive the cover you need at a fair and affordable price.

For a life insurance quote, contact us today on 0800 083 2829 to schedule a free consultation and take the first step towards protecting yourself and your loved ones financially.

Understanding Inheritance Tax (IHT) and Life Insurance

Understanding how IHT works and the ways to mitigate its impact can help you plan and ensure that your loved ones don’t face unexpected tax bills.

Case Study of Self Employed

Since the introduction of Highly Active Antiretroviral Therapy (HAART), premiums for those living with HIV have significantly reduced over the last 15 years. The amount you pay each month in policy premiums depends on your specific circumstances. When assessing your application, insurers will take into account factors such as your CD4 count and viral load.

Our experts will help you find the best deal to suit your needs and budget, taking the time to go through the different policies and discuss any concerns you may have.

For a clearer idea of the average cost of life insurance, visit our Guide.

Neil’s Story

James is 31 years old and was diagnosed with HIV in 2017. He wanted to obtain both life insurance and critical illness cover to support his wife and child should anything happen.

Age: 52
Occupation: Bathroom Salesman
Condition: Bowel Cancer

I have been a British Friendly member for around four years. Unfortunately, around a year and a half ago, I became unwell and had pains in my belly. I consulted my GP about this pain who recommended that I went for a colonoscopy.

Based on the results of the colonoscopy Neil was diagnosed with stage 2 Bowel Cancer. He then had surgery to treat the cancer.

It was quite a long journey for me, but I had the peace of mind knowing that I had Income Protection cover in place for when I was out of work.

Throughout my claim I was in touch with my dedicated Claims Manager, James. He knew my case inside out so was able to assist me when I needed him. He was very empathetic and very understanding. I felt that I could talk to him about literally anything to do with my claim and he was exceptionally good.

As Neil neared a return to full-time work, his Claims Manager James rang to let him know about Recovery Support Benefit. This is a discretionary payment paid to long-term claimants, supporting them after they return to work.

In addition to the weekly benefit he received during his claim, Neil received £1,292.32 as a Recovery Support Benefit payment.

“Once I’d returned to work for a month, I received a Recovery Support payment to help me transition back to work – so it was very valid. Obviously being out of work, being sick and lacking in my mobility was a mental strain, but knowing that you’ve got something in place to pay your mortgage like Income Protection gave me great positive experiences.

It was such a relief knowing that I wouldn’t lose my house because of my illness. Therefore, if you’re self-employed and able to afford it, it’s a must.

Neil is now fully recovered and back to work. Although he had a rough ride, it is a relief for him to know that if he has any issues again, he has the support he needs.

Swipe to Continue Reading

Total Cover
Amount:

£40,000

Monthly Premium
Cost:

£22.41

Duration of
Policy:

30 years

Life Insurance with HIV Case Study 2

Jean is aged 45 and was diagnosed with HIV in 2011. She is keen to secure level life insurance for her and her partner.

We found Jean the Level Life Insurance below:

Total Cover
Amount:

£160,000

Monthly Premium
Cost:

£15.23

Duration of
Policy:

20 years

How much cover do you need?

You can use our Cover Calculator below to determine how much cover you need. Additionally, you will need to take into consideration the following:

Any outstanding debts

Mortgage/rent

Number of dependants

Take-home pay or income from other sources

Speak to our team of experts for FREE
specialist advice today.

Monday to Thursday:

9:00am – 8:00pm

Friday:

9:00am – 3:00pm

We Partner with Top UK Providers.

The Insurance Surgery is a broker, so we can explore the whole market to find you the best price for your income protection policy for your individual circumstances. Currently, we have 12 insurance companies that we are able to find quotes for self employed income protection from. These include big names such as:

Facts About Life Insurance.

Life insurance can serve multiple purposes, including income replacement, wealth transfer, estate planning, and business succession. But how does life insurance shape up with the UK population?

7.5 million families

in the UK have no life insurance or critical illness cover.

£40,000

The average life insurance policy in the UK covers only about £40,000.

28%

of UK adults believe life insurance is too expensive.

96.9%

of all protection case claims were paid in 2024

Life insurance is unique – just like you.

Life Insurance for Parents

Life Insurance for Dads

Life Insurance for Sports & Hobbies

Life Insurance for Self-Employed

Income Protection

Life Insurance for Smokers

Price Promise.

Obtain a cheaper quote elsewhere, we’ll beat<br>the price and also give you a £50 gift card!*

We are committed to offering unbeatable prices. Our
Price Promise ensures that we will find you the right
cover for your circumstances.

Frequently Asked Questions

How much earnings will Income Protection cover me up to?

Depending on your personal circumstances and how much you would like to pay as your monthly premium, income protection cover can vary. Other aspects can also vary your cover including age, medical history, level of cover and monthly income.

The maximum an insurance provider can cover varies from company to company, but the maximum is 70% of your income.

Does my age impact the cost of my income protection?

Your age at the start of the policy can affect the cost. The older you are when you take out the policy, the more you are likely to claim, as your risk of getting ill increases. There are also some policies where the premium will vary each year, depending on your age and current health.

What does a deferred period mean?

The deferred period is the period of time from when a person has become unable to work until the time that the benefit begins to be paid.

It is the period of time an employee has to be out of work due to illness or injury before any benefit will start accumulating, and any claim payment will be made.

Will my pre-existing condition impact my income protection?

Some pre-existing conditions will be excluded from the policy with some providers. However if they are not excluded the cost of the cover will likely increase to take the additional risk into account.

Do I have to prove my income when taking out protection?

Providers will ask for proof of income, either at application stage or most likely at claim stage. This is done using your most recent P60, or your last 3 years tax returns when you are self employed.

What is a ‘waiver of premium’ on income protection?

Some policies may include a ‘waiver of premium’. A waiver of premium means that whilst you have an active claim you are not expected to pay the premiums on the policy.

Once the claim ends and you are fit to go back to work, you then start to pay the premiums again.

Will my premium increase as I get older?

This is dependent on the type of income protection you take out. Some can adjust throughout the life of the policy, whereas some policies will never change the premium or the sum assured.

For More Information, Check Out Our Latest Blogs

Stay informed with the latest updates in the insurance industry for 2025 here.

We aim to provide clear advice, breaking down the jargon, so you understand the importance of protection insurance.

Family

By Policy

Helpful Information

What Are the Most Dangerous Occupations?

Is Income Protection Insurance Worth It?

Life and Health Insurance for Business

Specialised Business Insurance

Helpful Information

What is Income Protection

Is Income Protection Insurance Worth It?

Self Employed Income Protection

What Is Self Employed Income Protection?

Risk of aortic rupture

Nosebleeds

Cramping sensations in the legs

Sensitivity to hot and cold

Weak muscles

How Might Income Protection Benefit the Self Employed?

Severity of the condition

When you were first diagnosed with coarctation of the aorta

Your age

Whether your coarctation of the aorta has been treated surgically

Medications currently being taken

Family medical history

Whether you smoke

Any other related health complications such as heart disease

Coarctation of the Aorta life insurance

Life Cover Terminology

Useful Links​

Why Choose The Insurance Surgery?

Rated ‘Excellent’ on Trustpilot.

25 years Experience.

Access to a range of insurers.

Award-winning broker.

Benefit from Our Life Insurance Policies Today.

Case Study of Self Employed

For a clearer idea of the average cost of life insurance, visit our Guide.

Neil’s Story

Swipe to Continue Reading

Total Cover Amount:

£40,000

Monthly Premium Cost:

£22.41

Duration of Policy:

30 years

Life Insurance with HIV Case Study 2

Total Cover Amount:

£160,000

Monthly Premium Cost:

£15.23

Duration of Policy:

20 years

How much cover do you need?

Any outstanding debts

Mortgage/rent

Number of dependants

Take-home pay or income from other sources

Speak to our team of experts for FREE specialist advice today.

Monday to Thursday:

Friday:

We Partner with Top UK Providers.

Facts About Life Insurance.

7.5 million families

in the UK have no life insurance or critical illness cover.

£40,000

The average life insurance policy in the UK covers only about £40,000.

28%

of UK adults believe life insurance is too expensive.

96.9%

of all protection case claims were paid in 2024

Life insurance is unique – just like you.

Life Insurance for Parents

Life Insurance for Dads

Life Insurance for Sports & Hobbies​

Life Insurance for Self-Employed

Income Protection

Life Insurance for Smokers

Price Promise.

Obtain a cheaper quote elsewhere, we’ll beat<br>the price and also give you a £50 gift card!*

Frequently Asked Questions

Useful Links

Total Cover
Amount:

Monthly Premium
Cost:

Duration of
Policy:

Total Cover
Amount:

Monthly Premium
Cost:

Duration of
Policy:

Speak to our team of experts for FREE
specialist advice today.

Life Insurance for Sports & Hobbies