Only 4% Of UK's Self-Employed Have Income Protection Insurance
New research by insurer LV= shows that of the nearly five million self-employed workers in the UK, only 4% have income protection insurance. The national average is 11%.
What’s interesting to note is that 42% of this group – sole traders, freelancers, and micro businesses – have the false belief that they’re not eligible for income protection cover.
*Excerpt taken from Insurance Business Mag