I have life insurance as an employee, do I need one of my own?
I have life insurance as an employee, do I need one of my own? There are employees who receive life insurance from their company as part of their benefits. Many of them do not believe it is necessary to obtain other life insurance on their own, a decision that may not be entirely correct.
The goal of life insurance is not to have it for the sake of it, it is to financially insure the family in the event that one dies. The first question we have to ask ourselves is whether the life insurance provided by our employer meets that fundamental requirement.
What does it mean to financially secure the family? Well, it is very simple, that death is not the impediment for our family to be able to continue paying the mortgage, its essential expenses, and the children can continue with their dreams of studying at university, just to cite a few examples. If the employer’s insurance offers coverage that meets the needs of the family, this will have to be taken into account.
Another reason for having our own life insurance is that, if we leave work, during the period of looking for a new job our family would be discovered.
Sometimes the employer pays one part of the life policy and the worker the other. Have you inquired if your own life insurance is cheaper than the one you have or gives you better benefits? The life insurance offered by the company is not always the cheapest, much less the one that best suits our needs.
In short, if you have life insurance as an employee, it is great, but that does not exempt you from the responsibility of seeking the best protection for your loved ones. I have life insurance as an employee, do I need one of my own?
Call a specialized Univista Insurance agent and explain your personal needs. They will help you find the best insurance for your family.