The main reason to buy a life insurance policy outside of the employer provided plan you are given through your job is so you own your own life insurance policy.

This means, if you lose your job for any reason, you still have your own life insurance coverage that stays with you.

So, you won't lose your life insurance when you either retire, quit or are fired from your job. But, you can lose your life insurance benefits if you leave your job.

Owning your own life insurance policy allows you to select from the wide variety of life insurance policies available on the open market. The choices of type and amount of coverage are all yours when you choose it yourself, outside of work.

With group life insurance provided by your employer, if you leave your employer you loose the life insurance coverage. You will probably have the option to convert part or all without a medical exam to specific permanent life insurance plan at a much higher cost. With your individual life insurance plan you own, you are in control and can take it with you.

Your employer could cancel or make changes to the group life insurance plan without your consent.

Learn how you may qualify to buy life insurance coverage today.