Case Study: Self-Employed Dad with No Sick Pay
Many self-employed people think they’ll have to “just figure it out” if they’re off work sick. But when illness or injury strikes, they may quickly realise how vulnerable they are without sick pay or financial protection.
At J Finance, we help self-employed clients build a proper safety net—without breaking the bank.
Here’s how we helped a self-employed dad secure affordable income protection, giving him and his family real peace of mind.
🔎 Client Profile
Name: Ryan (Self-Employed Electrician)
Situation: No sick pay, very small savings pot of £2,000, family relies on his income.
Challenge: Needed affordable protection in case he couldn’t work.
🚨 The Problem
After a fall left Ryan unable to work for 8 weeks, the financial pressure was immediate:
🔴 No income—his business stopped the moment he did.
🔴 Bills piling up—mortgage, food, kids’ expenses.
🔴 No emergency fund—meaning they had to rely on credit cards.
🔴 Realisation—this could happen again, anytime.
Ryan knew he needed a backup plan but worried protection would be too expensive.
✅ The Solution: Tailored Income Protection
We reviewed Ryan’s full finances, including:
✔️ Average earnings.
✔️ Essential expenses—so we knew exactly how much cover he needed.
✔️ Savings (minimal) and existing protection (life cover only).
We sourced a flexible income protection policy that:
✔️ Covered 50% of his income if he couldn’t work.
✔️ Started paying after a 4-week waiting period—matching his emergency savings.
✔️ Included rehab support to help him return to work faster.
✔️ Allowed him to adjust cover as his business grew.
💼 Protection Secured
Monthly Benefit: £2,000
Deferred Period: 4 weeks
Premium: £35 per month
🎉 The Result
✔️ Ryan’s Family Now Fully Protected – If he can’t work, they still have income.
✔️ Affordable Monthly Cost – Just over £1 a day for peace of mind.
✔️ No More Living on the Edge – They have a safety net in place.
✔️ Flexible Cover – Ryan can increase it as his business grows.
💡 How J Finance Helped
✅ Reviewed His Whole Financial Picture – So we knew exactly what he needed.
✅ Sourced Self-Employed Friendly Cover – Not all insurers cater well to trades.
✅ Balanced Cost vs Cover – Affordable, but still comprehensive.
✅ Made It Easy – Explained everything in plain English, with no jargon.
💬 Self-Employed? Your Income Stops If You Do
Don’t leave your family vulnerable—income protection could cost less than you think.
📞 Call J Finance for a free protection review.