Image source: Getty Images Life insurance is important even in situations where it's not providing for family members. Key points When two people start a business together, they're taking on joint financial obligations.It's a good idea for each partner to buy life insurance.A life insurance policy could prevent a lot of problems if either partner passes away. Check out The Ascent's best life insurances for 2021 Most people think of life insurance as something to buy to provide financial protection for a spouse or other family members.

https://www.fool.com/the-ascent/insurance/life/articles/starting-a-business-with-a-partner-heres-why-you-should-each-buy-life-insurance

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