Salary Protection for Sole Traders in Ireland
Salary Protection for Sole Traders – Protecting Your Wages When You Work for Yourself
If you’re a sole trader, you are your income!
When illness or injury stops you working:
There is no sick pay
There is no employer safety net
State supports are limited
Salary protection (income protection) ensures that your wages don’t disappear just because you can’t physically do the work.
Why Salary Protection Is Essential for Sole Traders
Sole traders often delay income protection because they are busy building their business. Unfortunately, illness doesn’t wait for a “better time”.
A salary protection policy can:
Replace a significant portion of your income
Pay monthly benefits until you return to work
Help cover rent, mortgage, utilities, and family costs
Protect your business from closure due to personal financial strain
Whether you are a tradesperson, consultant, contractor, or self-employed professional, protecting your wages protects your future earning ability.
High-Risk Sole Traders – Extra Reason to Act Early
If you work in a high-risk occupation, obtaining salary protection early can be critical.
Jobs such as:
Transport and driving
Manufacturing and industrial work
Landscaping and outdoor work
Healthcare and frontline services
…carry a higher risk of injury or long-term absence.
Getting the right income protection policy in place early can make the difference between being covered or facing exclusions later.
Get expert advice on salary protection for sole traders. Protect your income while you build your business.