Open Enrollment for benefits may be coming up for your company.
The one insurance you may not need to add during Open Enrollment is group life IF you do not have your own portable life insurance. A good strategy for your money is to purchase your own life insurance policy instead of investing in the company's group life insurance. If you do not have your own life insurance separate from the company then you can take those dollars you would have spent on Group Life to spend on your life insurance, a policy that you own regardless of employment. You are only covered for Group life, in many cases, if you are employed by your company but if you quit, get laid off or retire then your benefits may cease leaving you uninsured.
So always make sure you have your own life insurance policy.
Plan ahead because you get the best rates at a younger age and better health condition.
Life insurance is very affordable.
Based on preferred health,
$250,000 coverage for $13.91 a month - Male, Age 40 - term 10 years
$250,000 coverage for $11.69 a month - Female, Age 40 - term 10 years
Please contact us for a quote that fits your needs.