I found a great post on a blog that talks about employer-sponsored group vs individual life insurance policies. The information is great and I recommend it to all our visitor to take a look, here is a little summary of what it says:
"I’m not an insurance or benefits expert, but while looking at life insurance I wanted to compare the coverage available from my employer vs. what I could buy on my own. As with most things insurance-related, there are big variations in group life insurance coverage"
Employer-Sponsored Group vs. Individual Life Insurance - When you qualify for and buy a level term life insurance policy, you are guaranteed coverage for the length of that term (10, 20, 30 years, etc.). But if you rely on your employer’s group life insurance, usually the coverage stops when …