WHAT IF YOU DIE TOMORROW?
How’s that for an intro. But really, you work so hard in your business and what if you dropped dead? Maybe you and your business is your family’s sole source of income AND your business depends on you. If you are gone, your family’s income is gone. What happens to them?
Until:1) you make it big or 2) your kids are out of the house, you need to have enough life insurance to take care of your family if something happens to you.
I don’t sell life insurance (although I probably should), so I make no profit in this strong recommendation. If you own your own business and the business can’t survive without you, do your estate planning and make sure you have plenty of life insurance (term insurance may be all you need).
See your insurance agent right away.