It is definitely a possibility. However, group insurance plans offered by most employers:\r\rAre not customised to your specific needs and conditions, unlike an individual policy wherein you can choose to be covered against exactly what you want\rAre not available to you when you are in-between jobs and most startups do not offer this benefit to their employees\rMight have a specified sum assured that covers all employees together. If one employee makes a claim due to an injury/illness, that leaves less cover for the rest of the employees\rMay not cover all your family members.