Your client is self-employed and has sought advice

Your client is self-employed and has sought advice

Subject: Business    / Finance   
Question
Your client is self-employed and has sought advice on income protection insurance. Discuss the factors that will cause the premiums to increase or decrease. Illustrate your answer with and example (e.g. illustrates the potential difference in premiums for two people of different ages, occupations, genders, habits, hobbies etc.