Is Group Life Insurance A Good Idea? 
Group Life Insurance is a good idea , as long as you combine it with a personal life insurance policy that you have purchased on your own . The average time that people stay at one job is 4.4 years , with millennials -LRB- those born between 1997 and 1997 -RRB- changing employment more often than that . Not every job offers life insurance , and most group policies are not permanent , so , unless you purchase a policy outside of the group , you may find yourself uninsured in your retirement years . However , most people need more coverage in their working years , so being able to purchase `` double coverage '' -LRB- group and private life insurance -RRB- during those years can be a very good idea . 