Can I keep my Life Insurance when I leave my employer?
- Details
- Category: General Information
- Published: Thursday, 17 October 2013 20:22
- Written by Super User
- Hits: 18738
When employees leave their company, they usually have the right to keep the amount of life insurance provided by the group plan. If they elect to convert the coverage to an individual policy and pay the future premiums themselves they must complete the conversion within 30 days of leaving the group plan.