Life insurance
Leaving a job: what happens to your group life insurance
Group life insurance through an employer typically ends when your job does, sometimes within a month. Some plans let you convert it to an individual policy, but the window is short.
Your options
- Ask HR whether the plan allows conversion or portability, and the deadline.
- Apply for your own term policy before you leave, so you are not without coverage.
- Check whether a new employer offers coverage and when it starts.
Why not to wait
If your health changes after you leave, a new policy can cost more or be harder to qualify for. Applying while you are healthy and still employed puts you in the best position.
Have this ready when you call
- Your group plan's details
- Your last day
- Your age and health basics
Common questions
Is converted coverage expensive?
Converted policies often cost more than a new policy, so compare.
Can I keep it through COBRA?
COBRA applies to health coverage. Life insurance conversion is separate.
Related answers
Rather talk it through?
Call 855-367-1095 and a licensed agent will go through your situation with you. There is no charge to ask, and no obligation to enroll.
- Licensed insurance help
- No guaranteed eligibility, pricing, or availability
- Educational starting point
Information on this site is educational and does not guarantee eligibility, enrollment, pricing, or availability. It is not a recommendation to buy any specific plan or policy.