No, unfortunately, it is not enough.Employer or group term insurance is a great employee benefit, but the life cover you receive from that plan will never be adequate for your family’s financial needs in your absence.Besides insufficient coverage, your employer insurance plan comes with a lot of other limitations. For example:It offers limited customization according to your needs. It may not even come with add-on benefits like critical illness coverageIt covers you only till you are employed within that organisation. If you quit or even take a sabbatical you may lose coverageYou can’t renew your group term plan once you retire. And getting an individual plan at that age is going to cost you a bombRead to know in detail about the factors for which your employer term insurance is never enough and you still need to buy individual term insurance.