0
What are some affordable life insurances for the self employed?
Wiki User
∙ 10y ago
There are many companies offering life insurance policies to self employed individuals. SunLife, Aetna, and Manulife are just some of the insurance companies which have affordable life insurance coverage one can purchase.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Do self-employed workers need a solo 401k?
Yes, if your self employed you are responsible for a retirement fund. If no 401k account is created, and you remain self employed you will only have what cash you have in the bank to live on.
If you are self-employed and your car gets repossessed how does the bank take action?
The matter is the repo, not your employment. If your car is taken they will auction it off for what they can get and you will be held legally responsible for the balance. Regardless of the amount. Self employed or not. Yes, it is much harder for them to collect from you if you are self employed.
How would one define a self employed mortgage?
A self-employed mortgage is what people refer to when discussing mortgage loans for people who are self-employed or sole business proprietors. Due to the nature of self-employment, financial verification and income can be difficult to verify sometimes, and these among other things can make it difficult for one to obtain a self-employed mortgage. In the past, some programs existed to help entrepreneurs get these loans, but they have become obscure.
What are independent traders?
An independent trader is a person who trades independently. A person who is not employed by a company or an organisation but trades solely by him/her self, mostly else known as self-employed.
Where can someone get a mortgage if they are self employed?
If one is looking to get a mortgage but are self employed they must be very careful. When applying for one make sure to have your documents in hand and to meet in person for the best deal.
Where can one find affordable health insurance for self employed people?
There are ways to find affordable health insurance for the self-employed, including spouse's plan, the COBRA Act, joining a professional group, purchasing a policy, and setting a small business group plan.
What is a self employed architect?
A self employed architect is bob the builder
Where can the information about self employed tax be found online?
The IRS website offers a lot of information on self employed tax. They describe "who is self-employed", "what are my obligations to paying taxes if one is self-employed" etc.
How many accountants are self-employed?
10 percent of accountants were self-employed.
Was Wolfgang Amadeus Mozart self employed or employed?
Wolfgang was self-employed, meaning he didn't make much of a living.
What percent of Americans are self employed?
I think 70% of people in America are self employed.
What exactly does self employed mean?
Self employed means that you have no boss, you are your own boss and you work for yourself. Usually someone who is self employed owns a small business
Where can I find the most affordable health insurance?
My boyfriend is self employed and he has insurance through Anthem. It's usually around 150.00 dollars a month for an individual policy. www.anthem.com
Life Insurance Quotes For Self- or Under-Employed Workers?
Life insurance companies are happy to provide quotes for life insurance policies covering the self- and under-employed. Comparisons can be made by determining how much life insurance the insured needs to cover their obligations in the event of their death, and then shopping over the Internet for companies who can provide that amount of coverage at an affordable price. Obtaining a life insurance quote for self-employed, under- employed, and even unemployed workers has never been easier. It so happens that many self- or under-employed workers in America go without life insurance. Who are these people? Self-employed workers are those who run a business as a sole proprietorship or independent contractor or as a member of a limited liability company that is not treated as a corporation. These folks are freelancers, contractors, business owners and may in fact be employers of other workers. To be self-employed means you do not work for another person or corporation. Under-employed workers are those who are working either in part-time positions or in positions that pay drastically less than the worker would receive if they had a regular full-time salaried position. Under-employed workers are often involuntary or voluntary part-time workers who do not receive full company benefits the way full-time workers do. Under-employed workers can also be workers who are employed full-time for part of the year, thus enduring unpaid chunks of time in between job positions. Unemployed workers are those people who are often in charge of caring for children or elderly parents in the home. These workers, while unpaid, still need basic life insurance. If that unemployed person were removed from their family by death, the responsibility and cost of caring for the children does not immediately end with their death. If another parent remains, the children will still need care and without the support of the unpaid home care giver, the remaining parent will be forced to either leave their job or pay for child care. In many cases, the self-employed and under-employed do not have and do not qualify for corporate paid life insurance. Depending on the worker's family and financial situation, this can be a very dangerous situation. The self- employed and under-employed workers of America with financial obligations or familial obligations, such as a spouse or dependent children or elderly parents, have a wide variety of life insurance options available to them now. Many workers in America – even those likely to remain employed for large corporations – don't rely solely on their corporate life insurance benefits. Many choose instead or in addition to carry life insurance outside of their company's provided life insurance policies for those times when they may be in between other jobs, laid off, or taking a leave of absence. Self-employed and under-employed workers can do the same.
Can your sim be self employed in Sims 3?
If you have sims 3 ambition expansion pack you can be self employed.
Can self employed people get advanced earned income credit?
Yes all self employed people can.
Do self-employed workers need a solo 401k?
Yes, if your self employed you are responsible for a retirement fund. If no 401k account is created, and you remain self employed you will only have what cash you have in the bank to live on.
