Tip: All in the Family. Family owned businesses account for 62% of total US employment and are responsible for 78% of all new jobs. Yet only about 30% of them survive into the second generation.
Source: Conway Center for Family Business, 2015
Life insurance is designed to help protect a household from the financial hardships that may follow the untimely death of a primary wage earner.
But how will a death affect a small business?One […]