We are all relatively familiar with the idea of life insurance in terms of insuring our own lives in case anything should happen. However you may not be as familiar with the idea of insuring the lives of some of your workers if you own a business. This might sound odd but if you have your own business you may run into serious problems if you should lose one or more key members of staff in the event of their death. The importance of keyman life insurance (aka key person insurance) Businesses can be insured for all kinds of reasons, but key man insurance isn’t something we hear about as much as we should. This is a shame because it is an incredibly important and worthwhile type of insurance. You might doubt this information at the moment. But let’s take a closer look at how it could be invaluable as far...