An Oakville Life Insurance Policy Can Benefit Even the Self-employed

More and more Canadians are leaving their jobs behind and becoming self-employed entrepreneurs, according to The Globe and Mail. If you are one of those who have decided to become your own boss and run your own business, you should learn early on to list your personal health among your most important assets. With that in mind, know that an Oakville life insurance policy can become an essential tool for sound financial management.

There are many types of insurance that can benefit a business owner: Key-man Insurance, Group Benefit Insurance, Business Overhead Insurance, Mortgage Life Insurance, Term Life Insurance, Permanent Life Insurance, Universal Life Insurance, Whole Life Insurance, Guaranteed Issue Insurance etc. There are also Living Benefits like Long Term Care, Disability Insurance and Critical Illness Insurance that are essential for business owners to consider. It is important to be covered for anything that life throws at you. These insurance products may be different but they have you covered in the event of a death or serious illness by ensuring there are funds available to keep your business fully functional and meeting financial obligations.

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