At age 34, Jeremy had everything he wanted out of life – a beautiful wife, three healthy children, a nice house, and a flourishing construction business.

One day, Jeremy was driving home from a job when he was sideswiped by an 18-wheeler that had run a red light.

Jeremy’s truck was suddenly overwhelmed by the massive force of the vehicle, and flipped over numerous times. After recovering from the initial shock, he looked down and saw that his legs had been badly injured in the accident.

car accident.jpg
Image courtesy of uberculture
Still alive, Jeremy was left with two broken legs, months to be spent in a wheelchair, mounting medical bills, and no one to run his business in his absence.

Because of the grueling physical nature of his work, Jeremy was no longer able to do the types of construction jobs that he once excelled in. And customers started leaving as a result.

Once Jeremy had recovered from his physical disability, his business and financial life were still far from back to normal.

There are a number of stories similar to Jeremy’s, all of which are testimonies to the importance of disability insurance in the lives of self-employed individuals.

Some of the main reasons to consider protecting yourself are:

  • It CAN happen to you. Whether the culprit is a car accident or a health-related illness, there are a number of unexpected ways in which a disability can occur. According to, just over one in fourof today’s 20 year-olds will become disabled before they retire.
  • Protect your family.If your family is counting on your income for survival, you owe it not only to yourself, but also to them to protect your finances. Without disability insurance, one accident or unforeseen health issue can mean the difference between your family living comfortably or struggling to live.
  • Protect your business. Especially for self-employed individuals, it is absolutely necessary to have a back-up plan in the unfortunate event of a disability. Without disability insurance, it is extremely difficult for self-employed individuals suffering from a disability to keep their business up and running. With disability insurance, self-employed individuals are able to continue to provide for themselves and their family and also continue to invest in their business.

Finding a disability insurance policy is not only the right thing to do, but it’s an absolutely necessity. Especially for those who are self-employed.