Can self-employed people get life insurance?

Absolutely. Self-employed people can purchase the same individual life insurance policies as anyone else, and the need for coverage is often even greater without employer-provided group life. Sole proprietors and freelancers should consider coverage that replaces their income, protects a business partner via a buy-sell agreement, and covers any business debts. Some self-employed individuals can also deduct life insurance premiums as a business expense in certain circumstances — consult a tax advisor.