I'm doing some research on a somewhat novel income protection product called a bread fund (or Broodfond in the Netherlands where it originated). A bread fund works like this: A group of typically 20-50 self-employed people create a fund, make monthly payments into it, and then the fund provides basic monthly income for those too ill or injured to work. Fund members may claim benefits for up to two years, and the payouts are classified as donations so they're not taxable as income. The money you pay into the fund is yours, and you can withdraw it anytime (less any donations you may have made to fund members who have claimed benefits). I'm interested in a few things:
1) Would you be interested in something like this?
2) How much would you be willing to pay in a one-time activation fee to sign up for a bread fund?
3) How much would you be willing to pay in a monthly fee to the fund manager for account administration, tips, advice, etc.?