Being successful in a new business requires careful planning and a big investment of your time and effort.
If you are a sole proprietor, you are the heart and soul of the business. If you have partners, they rely on you to contribute to its continued success. Your employees and their families depend on the salaries it provides.
By providing your business with an insurance benefit in the event of your death, life insurance can help to sustain the enterprise and ensure continuity. The funds can be used to: