Top Holladay UT Financial Advisors Launch
Employer Life Insurance Policy Guide
Looking for the best tips on how to
make sure your life insurance
policy meets all your needs? Check
out this report for everything you
need to know about employer-
provided life insurance!
IHP Advisors examines five potential
drawbacks of choosing life insurance
policies provided by the employer,
and offers expert tips on the most
effective strategies to ensure
adequate coverage for the best price.
The latest report aims to give
you an expert overview of the
main issues that may arise
once you accept the life
insurance provided by your
employer.
According to the Bureau of
Labor Statistics, over 60% of
non-government workers in
2019 benefited from employer-
provided life insurance.
IHP Advisors explain that the
insurance offered by your
employer may feature limited
coverage, generally once or
twice the salary.
Another important factor to
keep in mind is the potentially
limited benefits of employer-
provided insurance.
Unlike permanent insurance
purchased from a licensed
agent, it generally only
provides a death benefit
without any additional
benefits.
The report recommends making
an informed decision and
investing in additional types of
insurance to mitigate the
potential limitations of your
employer-provided life insurance.
"While there's no reason not to
take advantage of any free
option your employer offers, it
probably should not be your only
source of life insurance",
explains the report.
"The solution to each of the
problems described above is
to purchase some or all of your
life insurance directly through
a licensed agent."
Go to
ihpadvisors.info to
find out more!