However, there are some limitations to group life insurance plans.
For example, if you're no longer working for your employer, the life insurance coverage does not remain with you, unless you convert the life insurance into your own individual permanent life insurance policy, which you pay for, and which costs a lot more than group term insurance coverage.
In addition, if you're no longer employed, and you don't convert your coverage because it's too expensive, you may find yourself without any life insurance protection.
And, if your health has changed, you may be uninsurable, when you have the greatest need for life insurance.
Buying your own individual term life policy outside of work will guarantee you protection for the life of your policy, whether or not you are employed.
Learn more about group term life insurance versus individual term life insurance policies.