You don’t clock in. You don’t attend HR meetings. You don’t get handed a group plan on your first day.
If you’re self-employed in Florida, you’re your own business, and that means your safety net is entirely up to you. While most freelancers and small business owners focus on client lists, tax deductions, and cash flow, there’s one risk that often gets overlooked: the life insurance gap.
At Runnels Insurance, we see this gap all the time. It’s not just about missing coverage; it’s about underestimating how quickly things can unravel when there’s no plan in place.
What’s Missing? More Than You Think
Being self-employed comes with flexibility, but that flexibility ends the moment something unexpected happens. If you’re gone tomorrow, what happens to your family, your business, or your debt?
Most self-employed residents in Florida carry little or no life insurance. And those who do often:
- Only have term coverage that’s too small to replace lost income
- Haven’t factored in business debt or ongoing operating costs
- Lack of coverage to support dependents or aging parents
- Forget about final expenses, estate taxes, or burial costs
This isn’t just about income. It’s about stability. The bills don’t stop when you do.
One Policy, Two Lifelines
Life insurance doesn’t just protect your family; it can also protect your business. Certain policies can be structured to:
- Fund a buy-sell agreement if you have a partner
- Pay off business loans that your estate might otherwise inherit
- Keep the lights on while your family or team transitions
- Act as a tax-advantaged savings tool if structured correctly
Runnels Insurance works with Florida entrepreneurs to build life insurance plans that fit real lives, not just textbook profiles.
Your business depends on you. So does everything else. Call Runnels Insurance in Brandon, FL, and let’s close the life insurance gaps before they cost your family everything.
