While both purchasing life insurance through your insurance agent and your employer have their advantages, buying a policy through an insurance agent typically offers more flexibility and customization to meet your individual needs. Here are some reasons why buying life insurance through an insurance agent might be a better option:
Customization of Coverage: An insurance agent can assess your specific financial situation, family needs, and long-term goals to recommend a life insurance policy tailored to your requirements. They can help you determine the appropriate coverage amount, type of policy (term, whole life, universal life, etc.), and any optional riders that may be beneficial for your situation.
Portability and Independence: Individual life insurance policies purchased through an agent are portable, meaning they stay with you regardless of job changes. You won't lose coverage if you switch employers, and you won't be dependent on your employer's offerings.
Comprehensive Coverage Options: Individual life insurance policies can often provide more comprehensive coverage than employer-sponsored plans.
Supplemental Coverage: Even if you have life insurance through your employer, it might not be enough to cover all your family's financial needs. An insurance agent can help you identify any gaps in coverage and provide supplemental policies as necessary.
While employer plans can be a convenient option, they may not always meet all your specific needs.
