Insurance and Benefits

consultant working outside in nature

Planning for Parental Leave as an Independent Contractor

By MBO Partners

When you run your own business, taking parental leave can be a scary prospect. Without set guidelines or a reliable paycheck, having to budget for time off, set expectations with clients, and work head on projects is daunting. Nevertheless, one of the benefits of running your own business is the freedom to structure projects around…

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Health Insurance Options for Independent Consultants

By MBO Partners

As an independent professional, cutting ties with the constraints of a corporate workplace can also mean losing some of the perks—including health insurance benefits that many employers offer. However, this factor seems to be outweighed by the many benefits of going independent. Eighty-two percent of full-time independents say they are happier working on their own…

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Building the A-List: What to Think About When Re-Engaging Independent Contractors

By Bunker

Have you ever worker with an independent professional that you wished you could hire on the spot and have around full-time? It’s a blessing and a curse when truly exceptional independent talent comes into your company. Luckily, there are some best practices you can follow to ensure your talent feels appreciated, and your company benefits…

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How Portable Benefits Impact the Gig Economy

By MBO Partners

As the American independent workforce continues to grow, the discussions surrounding non-employee and self-employed benefits and protections continue to gain steam. A potential solution to this issue, portable benefits, has been receiving significant attention for the last few years. What are portable benefits? Portable benefits are a proposed system that would allow an independent contractor, or…

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Common Small Business Insurance Requirements, Coverages, and Exclusions

By MBO Partners

As an self employed professional, you’ve probably dealt with the headache of small business insurance, most likely to satisfy the terms of a contract. Although the word insurance is often accompanied by a sigh, there are benefits in your small business insurance policy outside of just checking a box in the contract terms. It is…

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Group and Individual Health Insurance Options for Contractors

By MBO Partners

Whether you are contemplating making the leap to independence or are new to the independent workforce, you have likely grappled with how you will manage benefits without traditional employment. Health, life, and disability insurance are among the perks of a corporate career. Below we explain different health insurance options available to self employed professionals along with…

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Maternity Leave for Independent Contractors: Advice from 6 Self-Employed Moms

By MBO Partners

Even with the flexibility of self-employment, taking maternity leave as an independent professional can be a challenge—both financially and logistically. Not only do you need to plan ahead for your projects, bring in extra help if needed, and set boundaries with your clients, but it’s also important to think ahead to childcare options and set realistic goals…

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consultants working at desk

Business Insurance Requirements for Independent Consultants

By MBO Partners

The decision to start your own business as an independent professional means that you are responsible for ensuring the legal and financial wellbeing of your consultancy. Remember that you are your business—if any legal or financial problems arise that affect your company, they will also affect you directly. It’s important to protect your business against the risk…

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cityscape

4 Options for Home-Based Business Insurance

By MBO Partners

If you’re a self-employed professional working from the comfort of a home office, business insurance may be the last thing on your mind. But most homeowners’ insurance policies don’t cover losses sustained by a home-based business, which can lead to costly claims, unexpected legal expenses, and damages to your company. Self-employed professionals who work from…

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