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Your income stops. Your fixed costs do not.

With guaranteed income insurance you receive a monthly benefit for as long as you cannot work.

Your income stops sooner than your bills

If you fall ill or have an accident, your turnover stops. Your mortgage, your lease and your household carry on unchanged. You do receive a benefit from your health fund, but it is meant to get you through, not to maintain your standard of living.

That gap is where the self-employed come unstuck. It is the point at which people draw on their savings or wind the business down. Not because they had failed to insure their home or their liability, but because they had never insured the thing everything else hangs on: their own capacity to work. Without you, your business stops. And your fixed costs do not fall with your income.

With guaranteed income insurance you receive a benefit every month on top of the one from your health fund, for as long as illness or an accident keeps you from working. You choose the benefit you insure and how long before it starts, within the limits of your income and the insurer’s terms.

So the question is not whether you insure yourself, but against what exactly. One policy pays as soon as you can no longer carry out your own occupation. Another only when you can no longer do any work at all. We look at which one suits you best.

Why Ōmata

Guaranteed income is not a product you pick up from a web form. Your premium and your cover depend on your occupation, your income, your waiting period and the way your policy defines incapacity for work. That is why we do not work with three-page forms.

You open the chat and we ask only the questions that actually shape your file. No fields that do not concern you, no details we will not use afterwards. You answer when it suits you, and the chat always answers. In the meantime we work out which insurers fit your profile and set their terms side by side. Afterwards you keep the same point of contact, including for a change or a claim.

How to start

  1. You send a message through the chat on this page.

  2. You answer a few targeted questions about your situation. No long questionnaire.

  3. You get a tailored proposal usually within two working days, explaining what is covered, up to what amount, and what is not in the policy.

  4. If you agree, you confirm the proposal.

What a conversation with Ōmata looks like

You do not need to know which policy you are looking for, and there is no form to fill in.

Start your request

Viktor is online

You are talking to an AI assistant. You can ask for a human colleague to take over at any time.

  • CustomerI am a self-employed physiotherapist. If I strain my shoulder, my practice comes to a halt. What can I do?
  • ŌmataGuaranteed income insurance is the first policy to look at. Important for your profession: ask explicitly about cover for back complaints. Do you already have anything running?
  • CustomerSomething through my accountant, but I do not know what it covers.
  • ŌmataWe will check that. What monthly amount would you need to get by?
  • CustomerAbout 2,200 euros a month, net.
  • ŌmataNoted. Send me that policy — I will pass this on to our expert. You will hear from us usually within two working days.

Try it yourself

Who this is for

Anyone with no income if they do not work. The more your business depends on you personally, the more you need this.

  • Healthcare providers

    Physiotherapists, dentists, nurses: physical work where one back or one wrist stops the whole practice.

  • Construction and technical trades

    The highest accident risk, and usually no colleague to take the work over.

  • Consultants and freelancers

    No staff, no safety net, and revenue entirely tied to your presence.

  • Self-employed in retail and hospitality

    The business runs on with staff, but the margin disappears once you are not there to steer it.

  • Professional practices

    Lawyers, accountants, architects. Files nobody else can take over, and deadlines that keep running.

Who this is not for

  • Anyone with a sufficient second household income. If the household manages without your income, the risk is smaller. Start with the fixed costs that run on regardless.
  • Anyone in employment with good top-up cover. Employees get guaranteed salary and then a benefit tied to their pay, often topped up by a group plan. The gap is smaller there.
  • Anyone near the end of their career. These policies run to retirement age. The closer you are, the fewer years there are left to insure.
  • Anyone wanting to insure an existing condition. What already exists is excluded or taken on with a loading. This policy looks forward.

What guaranteed income insurance covers

Guaranteed income pays a monthly benefit when illness or an accident stops you working or limits you, for as long as the incapacity lasts and up to retirement age. Usually for partial incapacity too, and mostly with indexation so the benefit is not eroded over the years.

  • Total incapacity A monthly benefit for as long as you cannot work at all, whether through illness or an accident.
  • Partial incapacity If you can still work half-time, a partial benefit.

    More important than it looks: most claims end this way rather than in total incapacity.

  • Illness as well as accident Some formulas cover accidents only and are cheaper for it.

    Most long-term absence comes from illness.

  • A benefit up to retirement age With permanent incapacity the benefit runs to your pension.

    That is the whole difference from short-term cover.

  • Indexation A benefit that is enough today will not be in fifteen years.

    Indexation of the benefit and the sum insured keeps that right.

  • Premium waiver While you are receiving a benefit you usually pay no more premium.

    Check that the section is there.

  • A benefit independent of the health fund What you receive from your health fund you keep receiving.

    This benefit comes on top.

What guaranteed income insurance does not cover

Not covered are conditions that already existed at inception, and anything you did not declare on the medical questionnaire. Back and psychological complaints are limited or excluded at a number of insurers, and that is exactly where most long-term absence comes from.*

  • Anything you did not declare An incompletely filled-in medical questionnaire is the most common reason a benefit is refused.

    See the block below.

  • Pre-existing conditions What was already there at inception is excluded or taken on with a loading.

    That is in your policy; read that sheet.

  • Back complaints, at some insurers Some policies exclude back conditions with no objectively demonstrable abnormality, or limit their duration.

    Ask about it explicitly.

  • Psychological conditions, at some insurers Burnout and depression are limited or excluded in part of the market, while they form a large share of long-term absence.
  • The waiting period The first weeks or months are not covered.

    You choose how long that period is — and it strongly affects the premium.

Just ask

What you are left with without a policy

An employee who falls ill first receives guaranteed salary from their employer and then a benefit calculated on their pay. On top of that they often have a group plan with a top-up.

A self-employed person gets no guaranteed salary. From the first day of incapacity there is a period in which nothing comes in, and after that a flat-rate daily benefit from the health fund. Flat-rate means: a fixed amount unrelated to what you earned. Someone invoicing twice as much as their neighbour does not get twice as much.

The four choices that set the premium

Guaranteed income is not a product you buy but one you set up. Four dials decide nearly everything.

The insured benefit: calculate with your fixed costs plus what you need to live on, not with your turnover. The waiting period: how long you bridge yourself, and the dial with the largest effect on the premium. Illness and accident or accident only: the latter is cheaper and leaves most of the risk uninsured. And the end age: if the benefit stops at sixty-five while you work to sixty-seven, those are two uninsured years.

The medical questionnaire: the sheet that counts later

At inception you fill in a medical questionnaire. It feels like a formality between two signatures, and it is the most important document in the whole file.

If you fall ill years later, the insurer looks at what you wrote then. If something already known was not declared — an operation, a treatment, a recurring complaint — cover can be reduced or refused, even when the new problem has nothing to do with it.

Back and mind: ask about it explicitly

Two categories cause most of the long-term incapacity in Belgium: back complaints and psychological conditions. Those two are exactly the ones limited or excluded by part of the market.

With back complaints it is usually about conditions with no objectively demonstrable abnormality; some policies exclude them, others limit how long they pay. With burnout and depression there are policies that pay nothing, policies that pay for a limited period, and policies that simply cover them. The premium difference between those three is smaller than the difference in consequence — so ask about it explicitly.

What determines the price

A figure without your details is a guess. What determines the premium, we can list.

  • Insured benefit

    The monthly amount you want to receive if you drop out.

  • Waiting period

    How long you bridge yourself. The dial with the largest effect.

  • Age

    The younger you take it out, the lower the premium for the same benefit.

  • Occupation

    Physical work and working at height weigh more than office work.

  • Health

    The medical questionnaire, and sometimes an examination.

  • Scope of cover

    Illness and accident or accident only, and the end age.

Frequently asked questions

What am I left with if I drop out tomorrow?

As a self-employed person you get no guaranteed salary, but a flat-rate daily benefit from your health fund: a fixed amount unrelated to what you earned. For most self-employed people that is far below their fixed costs. The exact daily amount depends on your family situation and is adjusted annually.

What if I can still work part-time?

Most policies provide a partial benefit for partial incapacity, in proportion to the assessed degree. That matters more than it seems: most claims end in a partial return to work rather than total incapacity.

I already have something through my company. Is that enough?

Maybe, and maybe it is something other than you think. There are arrangements where the company pays the premium and the benefit goes to the company or to you, with different tax consequences. Have someone check exactly what is running, for what amount and up to what age.

What about back problems or burnout?

That is the most important question on this page. Part of the market excludes back conditions with no objectively demonstrable abnormality or limits their duration, and the same goes for psychological conditions. Those two cause most long-term absence. Ask about it explicitly and have it written into your proposal.

How long before anything is paid?

That is the waiting period, and you choose it: from a few weeks to a few months. A longer wait makes the premium considerably cheaper and assumes you can bridge that period yourself. Without a buffer, a short wait is half the point of the policy.

Do I need a medical examination?

Not always; for lower amounts a questionnaire often suffices. Fill it in completely, including what you think is unimportant: an incomplete questionnaire is the most common reason a benefit is refused years later.

Who is behind Ōmata?

Ōmata Insurance is the AI-first studio of the Induver group and a sister company of Group Induver NV: two companies within the same group, not parent and subsidiary. Ōmata puts you in touch with Group Induver NV, an insurance broker holding FSMA number 016880; that is where the advice and the policy come about. The full identification is set out in the legal notices.

About Ōmata

Ōmata is the AI-first insurance studio of Group Induver. You tell us what you want to insure over chat; usually within two working days you receive a proposal, drawn up by an insurance broker at Group Induver NV, registered with the FSMA under number 016880.

Read on

Ready to start?

Send us a message and tell us briefly what you want to insure. You get an immediate reply and your proposal usually within two working days.

Notes on the asterisks on this page
  • The limit on back and psychological complaints does not apply the same way at every insurer; the exact conditions are checked for each proposal.