The hidden risk: Why Employer Insurance isn’t usually enough to protect your family"

The Hidden Risk: Why Employer Insurance Isn’t Enough to Protect Your Family

Many people breathe a sigh of relief knowing they have life insurance through their job. It feels like a safety net — one less thing to worry about. But here’s the truth: relying solely on employer-provided life insurance could leave your loved ones vulnerable.

Most group life insurance policies offered by employers provide coverage equal to one or two times your annual salary. That might sound like a lot, but when you factor in mortgage payments, debt, education costs, and everyday living expenses — it often falls short. Way short.

Worse, this coverage usually ends when you leave the job. Whether you change careers, get laid off, or retire, your life insurance can disappear overnight — and qualifying for a new policy at that point might be harder and more expensive. You may even be uninsurable except for a small final expense policy.

What can you do?
Supplement your employer coverage with an individual life insurance policy. It stays with you no matter where you work and can be tailored to meet your family’s real financial needs. It’s not just about having insurance — it’s about having enough and when possible, using it as a wealth building tool.

Your job’s life insurance is a good start. But for real peace of mind, take control of your coverage. You deserve more than the bare minimum.