Is there a minimum or maximum benefit? November 04, 2020 14:27 Updated For Income Insurance for the Self-Employed, the minimum benefit is $50,000 and the maximum benefit is $500,000. Related articles What does my policy cover? What happens at the end of the policy? Who do I contact to file a claim? What happens to my policy if I move outside of the US or change jobs? How do I update my billing information?