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Frequently Asked Questions

• How much life insurance do I need?
• What is the difference between term and whole life insurance?
• Should I buy life insurance for my husband/wife or children?
• Why should I buy life insurance through a separate company if I already have life insurance through my employer?
• I'm not in the best of health. Can I get life insurance at an affordable rate?
• I'm going through a divorce. What life insurance issues
  should I be concerned with?
• What health considerations are important in getting favorable life insurance coverage?
• What happens at the end of my term policy?

Q. Why would I buy life insurance through a separate company if I already receive it from my employer?

A.If you lose your job, you will most likely lose your insurance. Most certainly, even if you're still covered by your employer's insurance, you'll lose your favorable rate, which was negotiated for you as part of a group policy.

In any event, your coverage from your employer may simply not be enough. Typically, work-sponsored life insurance is no more than one to three times your annual income. If you add up your mortgage, childcare and other important expenses, you'll quickly discover that your work-sponsored coverage won't get those you leave behind very far. It's virtually always good to supplement your meager work-sponsored policy!