| Self employed benefits for maternity leave sounds like | | | | on almost every policy sold to women in this life stage. |
| an oxymoron. How can a self employed person pay | | | | So insurers only sell short term disability insurance with |
| themselves for not working during maternity leave? | | | | pregnancy benefits through groups. And that sums up |
| Short term disability insurance can be used to create | | | | the self-employed woman's dilemma: she does not |
| maternity leave income for self employed women | | | | qualify because she is not part of a group. She is a |
| planning a pregnancy. But you have to know when to | | | | one person act. |
| start coverage, where to find the right policy, and a no | | | | Where to Find the Right Policy |
| longer secret tip in order to qualify. | | | | A self-employed woman can obtain disability insurance |
| Short Term Disability Insurance pays a benefit for your | | | | sold only to groups by leveraging her affiliation with a |
| normal labor and delivery. The benefit you receive | | | | larger entity. A significant portion of self-employed |
| may greatly exceed the premium you pay, helping you | | | | women are therapists: physical therapists, occupational |
| to create maternity leave income. In addition, your | | | | therapists, speech therapists, etc. Many therapists |
| policy may pay additional benefits in case of | | | | work as independent contractors, or 1099 employees. |
| pregnancy complications, postpartum disorders, | | | | They are paid by an agency, or other entity based |
| accidents, and illnesses. Buying short term disability | | | | upon the number of patients they treat, and the hour |
| insurance is one of the smartest moves any woman | | | | billed the patient. |
| can make before getting pregnant. | | | | The No Longer Secret Tip |
| When to Start | | | | Certain insurers will sell short term disability policies with |
| Your policy needs to begin before getting pregnant in | | | | pregnancy and maternity leave benefits to 1099 |
| order to qualify for the maternity leave benefit. Most | | | | workers. If the agency agrees to take withhold money |
| policies contain nine month exclusion for normal | | | | from contractor checks, and make the benefit |
| delivery. Since many pregnancies do not go full term, | | | | available to all W2 and 1099 employees, then the |
| start your policy several months before conception. | | | | insurer will be happy to issue policies to all qualified self |
| That way if you deliver early, your normal delivery will | | | | employed workers. |
| fall comfortably outside the exclusion period. Your | | | | Now self employed women who are planning a |
| benefit will still greatly exceed your premium paid. Why | | | | pregnancy can purchase short term disability insurance |
| jeopardize a sure thing? | | | | before getting pregnant, get coverage for pregnancy |
| You have to buy the right type of short term disability | | | | and maternity leave, and enjoy her time bonding with |
| insurance, and this is the quandary faced by most self | | | | her baby, without worrying about how to pay her bills. |
| employed women. Short term disability programs sold | | | | Plus, she gets extra protection in case of |
| direct to individuals do not provide the normal maternity | | | | complications, accidents and illnesses. All she has to do |
| leave benefit described above. Insurers realize that | | | | is ask her agency to take the money from her check, |
| women planning a pregnancy will be eager to buy | | | | and send it to the insurer. |
| such policies, and that they will lose a significant sum | | | | |