Life Insurance Through Work: What it covers— and What it doesn’t

Many employers offer a basic life insurance policy to their team—often $10,000 or $25,000 in coverage—as part of their benefits package. While this is a great start, it’s important to understand what this type of coverage does (and doesn’t) provide.

What it covers:

• A payout to your beneficiary if you pass away while employed

• A financial buffer for final expenses or outstanding debts

• Peace of mind for your family during a difficult time

What it doesn’t cover:

• Long-term financial needs (like replacing years of income)

• Coverage after you leave your job (unless you convert it)

• The flexibility of a personal policy tailored to your goals

That’s why we often recommend supplemental life insurance—especially for employees with families, mortgages, or other long-term obligations. These policies are affordable, portable, and can be customized to fit your life.

Want to explore your life insurance options? Whether you're an employee or employer, we can help you understand what’s available and what makes the most sense for your future.