Life Insurance for self employed designed to protect your family and business in case of your passing
According to May 2018 survey about 15% of Canadian workforce is self employed. There are a lot of advantages to being self-employed. But creating safety net for you and your family is one big disadvantage compared to the benefits offered by employment with big companies.
Life Insurance for self-employed designed to protect your family and business in case of your passing. If your self-operated business owes money to a creditor, that debt would be passed on to your beneficiary who inherits the business in the event of your death. Getting a payout from a life insurance policy would give your beneficiary the ability to clear out your debts. They can then either continue to operate or sell the business without any further hassles.
Our expert team will create custom plan for you and your business. Contact us for a free preliminary assessment.