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Information about all aspects of finances affected by a serious health condition. Includes income sources such as work, investments, and private and government disability programs, and expenses such as medical bills, and how to deal with financial problems.
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Work: Self-Employment - Getting Started

Should You Disclose Your Health Condition To Investors/Lenders?

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You are under no obligation to tell anyone about your health condition unless it could be harmful to them.

However, consider disclosing your condition to people or companies you approach to support your new venture.


Since you will be working on your own, your health condition may be material to the potential success of your new endeavor. If it is, it has to be disclosed. It could possibly even be a crime if you don't.

Whether you health condition material has to be decided on a case-by-case basis.

Consult an attorney about your particular situation if there is the least question.

If it helps, banks cannot consider your health condition when considering whether to lend you money.

Friends and Family

Even if your health condition is not material to your potential success, consider disclosing it to friends and family that you ask for money. How would you feel if a friend or family member not only didn't tell you about the diagnosis, but also asked you for money for a new business?

Consider Health Insurance And Other Benefits

Health insurance is still the best means of assuring access to the health care system. Given your health history, having health insurance is particularly important.

Consider how you will be able to maintain your current insurance or to obtain it through your work.

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