Self insurance involves making a calculated payment every month to a captive insurance company or simply retaining the payment yourself. (A captive insurance company is a specialist insurance company established with the specific purpose of covering risk from their parent company or group; they provide numerous insurance advantages and features which aren�t available in the traditional market). In cooperation with a traditional insurance this is an option many individuals and small businesses are now turning to with extremely positive results.

Making the move from the corporate world to your work from home job means you might have lost various benefits you used to receive. Insurance is a very important part of managing your work from home risks. If you don�t already have insurance taken care of we recommend speaking to your broker or insurance company so they can properly assess your needs and requirements. Until then here are a few of the work from home insurance basics to get you thinking.