Financially Simple

In episode 331 of Financially Simple, Justin looks at how much Life Insurance a Business Owner actually needs. As a business owner, there are a lot of "What If?" scenarios, one of which is, "What if I die? Will my family be taken care of?" In this episode, Justin explains how to calculate how much life insurance you should need in order to cover the living costs of your family, as well as factoring in outstanding debts and loans on your business and a few common mistakes business owners make when taking out insurance. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:45 - How Much Life Insurance Does a Business Owner Need? 03:09 - Personal Factors 06:38 - Factoring in Debt 07:59 - What Matters? 10:43 - A Common Mistake 13:37 - Summary   RESOURCES: Financially Simple Educational Website Financially Simple on YouTube Subscribe to the Financially Simple Newsletter Ask Justin a Question NEW Book: The Ultimate Sale - A Financia