Many times you get the opportunity to convert your group term life insurance coverage into a whole life insurance policy, when you leave your employment.
You'd have to pay for it, of course, and it will cost a lot more than the group term life insurance plan.
Or, you can apply for your own individual term life insurance or whole life insurance policy.
If you want to buy your own life insurance, you may want to consider purchasing it in the near future.
Why? Because, life insurance rates increase with your age, and if you develop a health problem, you may or may not be able to qualify for life insurance in the future.
Here's how you can learn about low cost term life insurance and how term life insurance works.
You'd have to pay for it, of course, and it will cost a lot more than the group term life insurance plan.
Or, you can apply for your own individual term life insurance or whole life insurance policy.
If you want to buy your own life insurance, you may want to consider purchasing it in the near future.
Why? Because, life insurance rates increase with your age, and if you develop a health problem, you may or may not be able to qualify for life insurance in the future.
Here's how you can learn about low cost term life insurance and how term life insurance works.
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