Hi guyz…
I wanna buy supplemental life insurance to add to the basic coverage I have through my employer. I’d love to hear from those who have experience with supplemental life insurance policies. Are they worth it? Which companies offer the best coverage and rates?
Hey there! From my experience, supplemental life insurance can be a good idea if you want extra coverage beyond what your employer provides. It’s worth it if you have dependents or debts that you want to be covered in case something happens to you. Companies like New York Life, MetLife, and Prudential often get high marks for their coverage options and competitive rates. It’s a good idea to compare policies from different providers, considering factors like premiums, coverage amounts, and any additional benefits. Speaking with a financial advisor can also help you find the best fit for your needs.
Get the most life insurance your job offers and also get a separate life insurance policy that’s not connected to your job benefits.
It’s the cheapest insurance; it’s not the greatest. The “cheapest” term life policy will have restricted conversion possibilities, poor customer service, etc. However, this does not imply that the “best” is always the most expensive.