How to Buy Health & Life Insurance for the Self-Employed or Small Businesses
Although there are many perks to working for yourself or owning your own small business, one of the things you may miss about working for someone else is the access to health and life insurance. While for some it may seem hard to find, there are a number of different ways to buy health and life insurance for the self-employed or small businesses.
Other People Are Reading
Instructions
-
-
1
Seek out rates for individuals. Most health and life insurance companies offer individual plans which cover only one person. To make sure you get the best rate and the right amount of coverage, it's important to contact multiple insurers to find the plan that is right for you.
-
2
Check for insurance from national organizations. Professional organizations particular to specific industries, such as the Institute of Electrical and Electronics Engineers, offer health and life insurance coverage to their members as part of their benefits or perks. Self-employed individuals can find health and life insurance benefits if they are a member of the Freelancers Union or the National Association for the Self-Employed.
-
-
3
Become a member of the Small Business Service Bureau. It exists as a resource center for small business owners, and it offers health and life insurance to its members. This requires completing an application as a small business owner and submitting membership dues.
-
4
Learn if your state allows groups of one. Some states allow individuals or a small number of people to be considered as groups and qualify for group health and life insurance plans and rates. This is not an option in every state, but if it is available in your state, it might be the right solution for you.
-
1
