Though group life insurance is a substantial benefit if offered by your employer, you should remember that if you leave the company, you might also lose the insurance policy. Groups life insurance policies can be limited to about four times your annual salary, and that may not be enough if you have several dependents. Ask your insurance agent what supplemental life insurance policies are available to you. You should be aware that life insurance policies become more expensive as you get older. Consult an insurance agent in your area to learn more about group life insurance plans.
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