What Is Employee Supplemental Term Life Insurance?

Employee Supplemental Term Insurance a type of life insurance plan is offered to employees through their group health insurance program.

In addition to the life insurance built into their group health plan they have the option to purchase additional term life insurance coverage.

Life insurance through your employer is a good benefit: however, keep in mind that when you leave your company, your group term life insurance coverage usually goes away.

You need to make sure you have enough life insurance purchased separately from group life insurance coverage to meet your needs when it is generally needed most.

That's why it may be a good ideas to carry your own individual term life insurance policy separate from your coverage through work. That way, if you leave your job for any reason, you still have the life insurance you need to provide financial security for your family. Here's a checklist of what to consider when buying a term life insurance policy