Unfortunately, that varies from employer to employer, so you’ll need to ask the HR department directly. Usually, that’s one of the hangups with employer-sponsored life insurance coverage, though. It only lasts while you’re employed by the company and can’t be transferred to a new job. That’s why it’s usually best to…

Most experts recommend coverage that’s at least 5 to 10 times your annual salary. That recommendation can go up to 15 times your income once you have children. An easy way to determine how much life insurance you need is to utilize a free online life insurance calculator: https://havenlife.com/term-life-insurance-calcu…

Hi Andy! Probably not, unless you have other people in your life such as parents, nieces, or nephews, who you might be financially supporting. You may also want to consider life insurance if you have cosigned debts that would be left to your family to pay off if you died.

Thanks for having me! Looking forward to answering your life insurance questions.