If you have struck out on your own in the business world, you have probably been careful to pick up an array of insurances covering your corporate activities and supplies. Public liability, income protection, and contents insurance are just a few examples of insurances you could have chosen.
However, with so much undoubtedly on your plate as you adjusted to the self-employed life, you could have too easily overlooked the worthiness of life insurance for your particular case. Why should you seriously consider adding life insurance to the various covers you probably already hold?
Source: https://www.entrepreneurshipsecret.com/why-is-life-insurance-important/