Is Life Insurance Portable? 
Generally , the answer to your question is yes , it is portable , if you mean that you purchased life insurance through your employer and you now want to leave that employer and take your life insurance with you personally . You would normally convert the policy to an individual plan and set up payment directly with the insurance carrier . Not all employers or life insurance carriers allow this but many do in todays environment . Again , generally , this is a good idea to take this insurance coverage with you especially if you have a health condition , are overweight or possibly even a smoker . Many employer life insurance plans have a guaranteed issue amount that is issued to all employees regardless of health , gender or possibly even smoker status , so therefore life coverage on the `` open market '' may possibly be more expensive . If you are young and healthy though , it probably would be a good idea to consult an independent broker to replace that employer coverage as the rates may be much better to have a new personal policy . If you just have a personal life insurance policy that you purchased through a broker for example , yes the policy is portable as long as you continue to pay your premiums 