As a tradie, you are largely dependent on your physical ability to earn a living. So, what would happen if you fell ill or had an accident? Would you be able to continue your current lifestyle? A report by a major Australian insurer (2017) showed that the occupations with the most insurance claims are carpenters and electricians.
The attached document has information including:
- insurance cover for the self-employed
- replacing your income
- the importance of reading the fine-print on your policy
- what is “appropriate cover?”
- what you need to know about workers compensation
You can read the document here.
Insurance Watch also have information relating to income protection. Read more here