Employer provided life insurance is a wonderful benefit. Unfortunately, it usually cannot be kept in force should you separate from your employer. It also is usually not a sufficient amount of insurance for most people’s needs.
Life insurance policies and the total amount of insurance should be periodically reviewed. People’s life circumstances change, insurance policies change, new insurance products become available, people’s medical conditions change, etc. We recommend a total review of your life insurance portfolio every three to five years. It may be that everything is well positioned and no changes are warranted.