What kind of insurance do freelancers need?
Freelancers typically need liability insurance, health insurance, and possibly professional indemnity insurance.
Can you explain what liability insurance covers?
Liability insurance protects you from claims resulting from injuries or damage to others caused by your work.
Is health insurance different for freelancers?
Yes, freelancers often need to purchase their own health insurance, as they don't have employer-provided coverage.
What about retirement plans for freelancers?
Freelancers can consider options like IRAs or solo 401(k)s to save for retirement.
How can I find affordable insurance options?
You can compare quotes online, consult with an insurance broker, or look for industry-specific plans.
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