Is Group Term Life Insurance A Good Idea? 
If you are offered group term life insurance for free , or at a very low cost , it is definitely a good idea to take it . This is especially true if you have a health condition and the policy is able to be converted to permanent insurance later on . If your group term life insurance policy is not portable and does not offer conversion options , you should carry another life insurance policy on your own , so that you are not left uninsured when you leave your job . 