08/21/2023
Myth: If I have life insurance through my place of employment, I don’t need a personal policy.
Fact: Though life insurance through your employer can be a great benefit, it might not be enough to provide for your family long-term. In fact, a typical payout is usually only around twice your base salary. And, if you were to lose or leave your job, the employer policy may not come with you. Having a personal life insurance policy ensures your family will be financially protected in the event you were to pass away.
