Insurance Dilema
I recently picked up contents insurance for my flat as I felt I should really protect my possessions, especially as I treated myself to a new lcd tv recently (potential burglars – nothing worth stealing!).
After shopping around I found managed to find a deal under £100 for the year which wasn’t too bad. It is one thing off my mind but it made me think of my personal situation. Nobody wants to think of the worst happening, but as I build my business and invest more and more, I am wondering whether or not to get life insurance.
Whilst I could sell a few domains/sites if I needed cash, I probably would end up losing as it would be a quick sale and it is not really a security. Although most insurance policies are worthless, life insurance is something I have thought about before but never gotten round to investigating.
There are plenty of life insurance choices, such as critical illness cover or term life insurance,but I’m not sure what to go for, or if I should even buy it.
Fellow entrepreneurs….have you got life insurance?
Good luck with your persuits,
Khalid.
