Is your employer-provided life insurance coverage enough?
Don’t get caught being underinsured today
Your workplace may offer group life insurance coverage inexpensively or at no cost. But it’s important to keep in mind that it may not provide you with enough financial protection and may not be portable if you leave or change your job.
If you think you need additional coverage, which is best: additional life insurance through your employer, also known as a supplemental group insurance policy, or an individual insurance policy?
Both have unique considerations, including convenience, cost, portability, work-related restrictions, your health and more.
| FEATURE / BENEFIT | SUPPLEMENTAL GROUP INSURANCE POLICY | INDIVIDUAL INSURANCE POLICY |
| Portable | ✓ | |
| Greater Convenience / Less Underwriting | ✓ | |
| Best Price – Healthy | ✓ | |
| Best Price – Unhealthy | ✓ | |
| Level Premiums | ✓ | |
| No Work-Related Restrictions | ✓ | |
| Flexible Choices | ✓ |
Don’t get caught unprepared. Our team of life insurance professionals are happy to walk you through the differences, provide expert guidance and help you find the right solution. Give us a call and explore your coverage options today.
¹2021 Insurance Barometer Study, LIMRA23-4142 05/23