facebookIf my company has term life insurance already; should I get personal one and should I reduce the coverage on my personal term because of this? - Seedly

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Anonymous

18 Apr 2019

Events

If my company has term life insurance already; should I get personal one and should I reduce the coverage on my personal term because of this?

Discussion (5)

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Are you going to stay in your company forever? Will you even think of leaving? Will you ever be asked to leave?

Company's life insurance will stop covering you after you leave. I would suggest getting a personal one :)

Jason Sing

21 Sep 2018

School Of Hard Knocks And Life at School Of Hard Knocks And Life

You should get a personal term life insurance unless you are very sure you would work for your company till the day you pass on. Sorry, touch wood. What I am trying to say is since you can't forsee the future, it is better to get one just in case.

Jay Liu

21 Sep 2018

Accounting and Finance at ACCA

Get a personal one. Consider company's insurance as a bonus if (touchwood) something happen to you. ...

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