self employed coverage calculator
Your pay, your loans, your work plan. See the gap in 30 seconds.
OpenIf you die on the job
What workers comp, work plans and Social Security pay, and what they don't.
OpenWhy it matters
When you work for yourself or get a 1099, there is no work life plan. BLS benefit counts leave out the self employed.
Your income may go up and down. Life insurance can help your family pay the bills if you die. A plan you own stays with you no matter who you work for.
- BLS benefit counts leave out the self employed. If you work for yourself, any life insurance is up to you.
- A basic work plan often pays one or two times your yearly pay. 1099 workers do not get this kind of plan from a client.
What an insurer may ask you
Have these ready. Being honest up front gets you a real price and avoids problems at claim time.
- What work you do
- How you prove income, like tax returns or 1099 forms
- How steady your income is
- Any business debts
- Your age, health, and tobacco use
Common questions
Do 1099 workers get life insurance?
Not from the company that pays you. You have to buy your own plan.
How do I prove my income?
Insurers may ask for tax returns or 1099 forms, especially for large policies.
Does my job type matter?
It can. A risky job may cost more. An office job may not change your price.
Can I get coverage if my income goes up and down?
Yes. Insurers look at your income over time.
