Do you make any provision for financial losses due to ill health

[neku]

Often severe sickness can cause great financial losses to a self-employed person or a small business owner. They often have to rest to recover from the illness and also pay additional medical expenses. Have you ever suffered great financial losses due to an illness and how do you plan to handle it in future?

 

[Springtime]

Yes, for a self-employed person or a business owner, if s(he) gets sick and am not able to do any work, that will certainly affect his/her income. That's why we need to buy insurance to cover some of the financial loss due to sickness.

 

[eLdavis]

There are days where i have missed out on some jobs due to being sick, these are situations we can't really plan for most times as they come unexpectedly.

 

[Augusta]

To prevent financial losses due to ill health, individuals should prioritize preventative care, build financial stability, and ensure they have adequate health insurance .

 

[freelancermaria]

I was hospitalized before without savings or insurance, which made it very challenging for me. Now, I am building my emergency fund to prevent this from happening again.