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Workers' compensation insurance has always been an option for the self-employed, but it's about to become a necessity. That's because the government is mandating workers' compensation insurance for self-employed people who are at high risk for accidents, with a goal of a national workers' compensation insurance system by 2027. Even if you own your own business or pay the 3.3% business income tax, like delivery, workshops, and freelancers, you can't afford to pay for medical expenses and lost wages if you get hurt on the job. Self-employed workers' compensation insurance can help cover medical bills and even pay you while you're out of work. The best thing to do now is to find out when your industry is required to have it, and check the monthly benefit amount and estimated premiums in advance. Compare your coverage to your personal accidental death and dismemberment insurance and prepare yourself for the upcoming changes to the self-employed social insurance landscape. #self-employed asset reinsurance mandate #self-employed asset reinsurance #national workers' compensation insurance system #freelance workers' compensation insurance #1self-employed premiums