What Is Employee Supplemental Term Life Insurance? 
Employee supplemental term life insurance is coverage over and above coverage in a group life insurance plan . It is owned by the employee , not the employer , so it is portable ; employee can take coverage with them when they leave the present employer . As both Tim and Ted have stated , you can not take employee group term coverage with you ; it is a perk you get as an employee of the company . Employee supplemental term is purchased by the employee without company contribution . In most cases , this coverage is also convertible to a permanent plan at a higher premium . 