Life Insurance for the Self-Employed: Protecting Your Business and Your Family
If you're self-employed or run your own business, you're used to wearing a lot of hats—marketer, manager, salesperson, accountant, and more. But one role that often gets overlooked? Financial protector for your loved ones and your business.
When you work for yourself, you don’t have access to employer-provided life insurance. That makes having your own policy not just important—but essential.
At our Palmdale, CA agency, we help entrepreneurs and self-employed professionals create life insurance strategies that support their families and their business interests, both now and in the future.
Why Life Insurance Is Critical for Business Owners
Without a safety net from a company plan, your loved ones are left vulnerable if something happens to you. But life insurance does more than just protect your family—it can also protect your business.
Here’s how life insurance helps self-employed individuals:
Replaces lost income for your family
Pays off business-related debts or loans
Funds the transition or closure of your business
Provides liquidity for estate or tax obligations
Supports your employees or partners with continuity planning
Whether you’re a consultant, contractor, freelancer, or small business owner, the right coverage gives you peace of mind that everything you’ve built won’t fall apart if you’re no longer around to run it.
Coverage That Works as Hard as You Do
We’ll help you build a plan around your unique income, responsibilities, and financial goals. Options include:
Term Life Insurance – Cost-effective coverage that protects your income for a set time
Whole Life Insurance – Permanent protection with guaranteed benefits and cash value
Indexed Universal Life (IUL) – Flexible coverage that can also be used as a financial asset
Buy-Sell Agreements – Fund a business transfer to a partner or heir with life insurance
No matter the size of your business, you deserve the same level of protection as any corporate employee.
We Understand Small Business—Because We’re One Too
We’re a locally owned agency serving the Palmdale business community. We know what it means to build something from the ground up. That’s why we take the time to understand your situation and craft a life insurance strategy that fits your life—not someone else’s.
Call us today: 661-847-3244
Email: fandrademejia@farmersagent.com
Visit us: 514 Commerce Ave Suite F, Palmdale, CA 93551
You protect your clients, your brand, and your team—now it’s time to protect what matters most. Let’s create a life insurance plan that supports your family and your business.