Should I Get More Life Insurance if I Have Some Through my Employer?

Should I get more life insurance if I have some through my employer?

Yes, you should. If you leave your employer (whether by your own choice or theirs), you would be offered the chance to continue paying the premiums (the monthly or annual cost to you) for that policy without having to go through a medical exam, but because of that, your premiums will likely be significantly higher than getting an individual policy so long as you are healthy and qualify for one. It’s also likely that the amount of insurance available to you through your employer IS NOT ENOUGH for what you need.

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