Income protection

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A team alternative to classical disability insurance.
VouchForMe protects you from the loss of income in case you are unable to work due to illness or injury for a longer period.

Protect yourself

One for all, all for one

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As a successful entrepreneur or a flexible freelancer you live a life where you set the rules and balance between work and free time. “Work free, live free” is the mindset of the modern worker. But things can change quickly.

There is no safety net when accident strikes; back injuries, burn-out and exhaustion are just a few events that can prevent you from doing your work.
No work means no income, and no income means no cash.

The government protection is limited and current insurance for the cases of disability is expensive.

Bridge that gap with help from your team with VouchForMe Income protection!

This is how it works

At VouchForMe we changed the view on classical insurance. VouchForMe Income protection operates as a fund for teams of 25 - 50 people where each member contributes a predefined monthly sum. If a team member is unable to work due to illness or injury for more than a month, he or she gets a monthly payout until he or she is ready to get back to business. You are in control of the funds you save for rough times. Your community of equal-minded peers weaves a safety net in the form of a fund to replace the income that allows you to get back on track.

The payouts are predefined by the monthly contribution:

  • 25 EUR monthly contribution ⇒ 500 EUR monthly payout
  • 50 EUR monthly contribution ⇒ 1000 EUR monthly payout
  • 75 EUR monthly contribution ⇒ 1500 EUR monthly payout
  • 100 EUR monthly contribution ⇒ 2000 EUR monthly payout

How can I protect myself?

See how

No premium,
the money stays yours

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Unlike a classical insurance approach, there is no premium for VouchForMe Income Protection. The monthly contribution is yours to manage. You can leave the fund at any time and the sum you contributed while being a member is yours to withdraw, with a deduction of potential payouts to group members for incapacity to work.

Who is it for?

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VouchForMe Income protection benefits self-employed workers, responsible entrepreneurs in case of illness or injury.

Protect yourself

What are the costs?

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We like to keep things running smooth, that is why a one-time 100 EUR activation and a 5 EUR monthly fee is charged for your VouchForMe Income Protection.

Payout

process steps

  • Submit the medical documentation that shows the incapability to work for a period of one month or more.
  • VouchForMe checks and approves the documentation.
  • All members of your team are notified that a member needs support.
  • You start receiving your monthly payout until you’re well and capable of working again (or up to a maximum of two years).

What happens if my inability to work lasts more than two years?

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The VouchForMe income protection product gives security for a period of up to two years. This period has been chosen as statistics indicate that over 99% of people falling ill are back to work then. However, the risk is obviously there and insurance can solve this. VouchForMe has made an agreement with insurance companies to cover the period after two years. As a result of the group approach, the price for the coverage of a longer period will be reduced significantly.

How can I protect myself?

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We are rolling out Income Protection in several countries across Europe. Get in touch with us to see if yours is already on our list.