I'm self-employed with no benefits. How do I protect my family?
Answered by Cheryl Heikka
Financial Strategist · Your One Agency
Without an employer plan there's no default safety net, so the whole structure is on you - which is actually an advantage, because everything you set up is portable and yours. The core pieces are usually an individual term policy sized to your family's real need, plus consideration of how the business itself factors in (debts personally guaranteed, income the family relies on, any partners). The risk isn't that self-employed coverage is hard; it's that with no automatic enrollment, it's easy to keep putting off.
The gap most people miss
With no employer plan, there's no automatic coverage at all - the gap is total until you build it yourself.
A quick check maps what your family would need so it's a plan, not a someday.