Hi there, I'm a self-employed company director and according to my broker, I do not qualify for 'standard' income protection, apparently because of the creative element of my industry.
Wondering if anyone could suggest a more straightforward alternative to this, perhaps some kind of accumulating savings plan or fund the company could contribute to that could act as a backup if at some point I became incapacitated/unable to work, temporarily or otherwise. Don't qualify for any state support eithers AFAIK so also keenly aware that I'm pretty exposed.
Wondering if anyone could suggest a more straightforward alternative to this, perhaps some kind of accumulating savings plan or fund the company could contribute to that could act as a backup if at some point I became incapacitated/unable to work, temporarily or otherwise. Don't qualify for any state support eithers AFAIK so also keenly aware that I'm pretty exposed.