Sole Traders

What is it?

As a sole trader you get none of the benefits you would expect if you were an employee. The responsibility is yours to make sure your family will be looked after in the event of your death or serious illness. If you are a one person limited company then you need to be on this page.

Why do I need it?

You are your business. What would happen to your family should you become critically ill, or die? Insuring yourself with life and critical illness cover to protect against these situations will provide payments that could help to keep your business afloat and / or protect your family from your loss of earnings.

Ultimately it gives you peace of mind for you, your family and your business.

Sole Trader insurance protects against:

  • No income for your estate should you pass away.
  • Putting your family home at risk if it is secured against a business loan.
  • Inheritance tax liability.