Why You Need a Life Insurance Policy Beyond Your Employer Coverage

Relying only on your job's life insurance? That might not be enough. While employer-provided life insurance is a great perk, it often leaves serious coverage gaps. To truly protect your family’s future, it’s essential to supplement your group policy with a personal life insurance plan.

Below, we break down why.

1. Employer Policies Offer Limited Coverage

Most group life policies only provide 1–2x your annual salary. That might not stretch far enough to cover:

Mortgage or rent

Family living expenses

College tuition

Outstanding debts

Long-term care for dependents

An individual policy lets you choose a benefit amount that actually covers what your family needs.

2. You Can Lose Coverage When You Change Jobs

Employer life insurance typically ends when you leave the company. That includes:

Career changes

Job loss or layoffs

Retirement

If you rely only on your job’s coverage, you risk being left uninsured at the worst possible time. A personal life insurance policy follows you wherever you go.

3. Group Policies Are One-Size-Fits-All

Most employer plans don’t let you:

Choose policy terms

Add riders (e.g. critical illness, child protection, disability)

Customize your beneficiary structure

With individual coverage, you’re in control of the benefits and features you need.

4. Rates Increase As You Age

Waiting until you're older — or no longer covered at work — can mean much higher premiums.

Locking in a personal policy now while you’re young and healthy can save you thousands over the life of the policy.

5. Employer Coverage + Personal Policy = Smart Protection

You don’t have to choose one over the other. The best approach is to layer your coverage:

Employer policy = basic protection

Individual policy = comprehensive, long-term financial security

Together, they give your loved ones a real safety net.

Final Thoughts: Don’t Leave Your Family’s Future to Chance

Life insurance through your job is a great start — but it’s not enough on its own. A personal life insurance policy gives you control, flexibility, and peace of mind.

📞 Ready to get covered?

Let’s talk about a life insurance plan that fits your life — not just your job.

👉 Schedule your free consultation now at (916) 715-3375

or
📧 Contact us at andrew@defaziolife.com