Sole Proprietor Life And Health Insurance
Updated: 02 December 2024
What Does Sole Proprietor Life And Health Insurance Mean?
Sole proprietor life and health insurance is specifically designed for owners of sole proprietorship businesses. As self-employed individuals, sole proprietors are not eligible for life and health insurance provided by employers.
Insuranceopedia Explains Sole Proprietor Life And Health Insurance
Sole proprietors encompass various types of self-employed individuals, such as freelancers, contractors, consultants, artists, and musicians. Since health insurance coverage is mandatory for all American citizens, sole proprietors must secure their own coverage, even if they lack access to employer-sponsored plans. Fortunately, the insurance market offers numerous options for life and health insurance policies tailored to sole proprietors.
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