How does the Life Insurance work after the VSP? Do we get the option of being able to continue it?
4 replies (most recent on top)
Why would any insurance you have, through your company, continue after you are no longer with said company?!
You can request a quote from the life insurance company to continue your policy directly through them. I did that when I got laid off earlier this year just to see what it would cost. The premium was super high. I don't remember the exact number, but it was several hundred dollars per month. You can get a lot better deal using an independent broker.
@OP no it end immediately
Advice. Invest in a "whole life" policy outside of your job (choose a company). You may change jobs again in the future, don't let where you work dictate the life insurance that you have.