The unemployment insurance opportunity will be extended to allow short-term disability to be addressed for the self-employed. Weighing the need and importance to the client should be compared with the cost, as with all insurance opportunities.
In 2010, the Government foresees the inclusion of the self-employed to the employment insurance system in a limited way.
How limited?
Well, actually limited to what makes sense.
As a self-employed person you will not be able to claim for job loss (because you are your own boss), but you will be able to claim for disability, maternity leave, and other medical reasons.
In short, this means that the issue of short-term disability can be addressed, and the analysis should form part of your overall insurance planning.
The system will be voluntary, so an insurance broker should weigh in the importance you as a client would put on short-term disability.
Premiums can range up to $60 per month approximately, depending on income.
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