The life insurance policy that you have through your employer is only in effect while you are employed with your company. If you ever leave, retire, resign or are terminated from your employer then you no longer have an effective life insurance policy, leaving your beneficiaries without any proceeds or benefits.
You should always maintain a life insurance policy individually that is not connected to your employer. The earlier you get a life insurance, then cheaper it will be since premiums are based on your age and increase as you get older. You should definitely lock in a policy while you’re still young.
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