There are many perks to working as a freelancer, but clear-cut healthcare isn’t one of them. In fact, most freelancers worry about being able to cover their healthcare needs in case of an emergency.

Whether you’re just starting out or you’re a veteran freelancer, companies like Don Allred Insurance have some great options for you to choose from in terms of healthcare.

Here are some tips on buying healthcare as a freelancer.

1. Consider Getting A Family Health Plan

Do you have a spouse with a traditional job? If so, you can potentially consider tagging along on his healthcare plan from work. If you have children, adding them to a family plan to an employer may also be a good idea.

However, keep in mind that if your spouse loses his job, you automatically lose your healthcare. So instead of buying healthcare subsidized by their employer, consider buying a family plan through a private insurer in Burlington, NC. This route may save you some money since you don’t have to invest in individual monthly premiums for everyone in your family.

2. Decide Your Monthly Healthcare Budget

Speaking of monthly premiums, before you purchase a healthcare policy, decide how much you can afford to spend on your premium each month. You shouldn’t have to spend a large fraction of your income on healthcare, but expect to pay more for private insurance than you would pay if it were subsidized by an employer.

That being said, if your healthcare coverage keeps you from developing a serious illness or keeps a condition at bay, the price is worth it. In your monthly budget, include a section for healthcare. If you have a health condition that you definitely need coverage for, research the price of a policy that covers it. Then, figure out how it can fit into your budget.

If you’re simply looking for preventative care, work out your budget first, and then choose your coverage based on your math.

3. Sign Up As A Business Or Self-Employed Individual

Most private insurance agencies including Don Allred Insurance can provide coverage specifically for self-employed people. You can also sign up as a business owner. this is especially helpful if you have a small group of employers who can benefit from healthcare coverage.

if you’re a solo freelancer, a self-employment coverage policy makes the most sense. This is especially true if you don’t have a family or if you’re not the head of your household.

Buy Your Healthcare Today

Are you ready to make the most of your health as a freelancer? If you live and work in Burlington, NC, contact Don Allred Insurance. Our friendly agents will be happy to give you a free quote and help you find what you’re looking for.

When it comes to life insurance, most people are often told to purchase a life insurance policy so your kids are provided for if you pass away early or so that your spouse can continue on with their same quality of life. But what if you don’t have kids or a spouse? Does a single person need life insurance? We are often asked this question here at Don Allred Insurance, serving the Burlington, NC area. Here is the answer that this question. 

Final Expenses 

One of the reasons why a single person may need life insurance is to help pay for their final expenses. When you pass away, who will pay for your final expenses and how? Your parents or siblings may be responsible for finding the money to pay for a cremation, burial and/or funeral. Purchasing life insurance ensures that there is money to pay for those expenses so no one in your family has to struggle with covering those costs. 

Joint Debts

Another common reason why a single person may need life insurance is because of joint debts. If your parents co-signed on your student loans, and you pass away, they may still be responsible for them. Have you purchased a home with your sibling and make part of the payment? Then they may rely on your money and could struggle to pay the mortgage if you pass away. Purchasing life insurance helps to ensure that there is money to pay for the debts that you have outstanding with someone else. 

Being single does not mean you cannot benefit from purchasing a life insurance policy. Are you looking to purchase a life insurance policy in the greater Burlington, NC area? Call Don Allred Insurance today to obtain a free quote for life insurance today.