What Does Portability Mean With Life Insurance? 
Usually `` portability '' benefits for a life insurance policy are connected when one has group coverage . It means that if you have such coverage , through your employer for example , if you change jobs , you can take that portion of your group benefits with you . When one owns one 's own Life Insurance policy it is , by it 's very nature completely portable . You own it so it goes with you and provides benefits regardless of your employer or place of residence . 