4 ms·
A lot of US employers do same. But it is not a good idea to put all your eggs in one basket. Any case similar to OP will become problematic. When you get termi
by woobar 13y ago
A lot of US employers do same. But it is not a good idea to put all your eggs in one basket.
Any case similar to OP will become problematic. When you get terminally ill you will eventually lose your job. Thanks to COBRA you can keep health insurance, but not the life, disability and long-term care insurance plans. And getting new term life policy at this stage is not really an option.
- tungwaiyip 13y agoI was wonder about this. Does employer life insurance do anything to terminal illness? I pay extra to supplement my term life. But if I get too sick to work and lost my job, what good is the employer life insurance?
- woobar 13y agoI would check with employer and insurance policy. But I believe legally they don't have to keep this policy active after you quit.