{"id":3652,"date":"2025-03-26T17:13:06","date_gmt":"2025-03-26T17:13:06","guid":{"rendered":"https:\/\/wp-dev.zanderins.com\/?p=3652"},"modified":"2025-04-04T21:30:21","modified_gmt":"2025-04-04T21:30:21","slug":"should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan","status":"publish","type":"post","link":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/","title":{"rendered":"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan?"},"content":{"rendered":"

\"\"<\/p>\n

If your employer is covering the cost of your life insurance, there\u2019s no reason not to take advantage of it. However, if you’re paying for coverage yourself, it\u2019s worth comparing the cost of an individual term policy to what\u2019s offered through your workplace. Employer plans are often easy to enroll in but may not be the most cost-effective option long-term.<\/p>\n

The Ramsey team recommends keeping no more than 50% of your coverage through your employer because most group plans aren\u2019t portable. If you change jobs, you\u2019ll either lose your coverage or have to go through medical underwriting at a time when you may need it most. Some plans allow you to convert your policy when you leave, but this usually means switching to a cash-value plan\u2014an option Dave and his team strongly advise against unless you can\u2019t qualify for term life insurance on your own.<\/p>\n

Another important consideration is how group life insurance changes as you age. Many plans reduce coverage once you reach 60 or older, and while employer-sponsored rates may seem lower at first, they\u2019re often only locked in for short periods, typically two years. In contrast, individual term policies offer fixed rates for 15 or 20 years, providing more stability and predictability.<\/p>\n

If you’re unsure whether your employer’s plan is enough<\/a>, compare term life rates for free online<\/a> or call us at 800-356-4282 to speak with a Zander agent.<\/p>\n","protected":false},"excerpt":{"rendered":"

If your employer is covering the cost of your life insurance, there\u2019s no reason not to take advantage of it. However, if you’re paying for coverage yourself, it\u2019s worth comparing the cost of an individual term policy to what\u2019s offered through your workplace. Employer plans are often easy to enroll in but may not be […]<\/p>\n","protected":false},"author":5,"featured_media":3735,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[19],"class_list":["post-3652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-term-life","tag-homepage-blog"],"better_featured_image":{"id":3735,"alt_text":"","caption":"","description":"","media_type":"image","media_details":{"width":740,"height":411,"file":"20-5.png","sizes":{"medium":{"file":"20-5-300x167.png","width":300,"height":167,"mime-type":"image\/png","filesize":97708,"source_url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5-300x167.png"},"thumbnail":{"file":"20-5-150x150.png","width":150,"height":150,"mime-type":"image\/png","filesize":45030,"source_url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5-150x150.png"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":3652,"source_url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png"},"acf":[],"yoast_head":"\nShould I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan? | Zander Insurance<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan? | Zander Insurance\" \/>\n<meta property=\"og:description\" content=\"If your employer is covering the cost of your life insurance, there\u2019s no reason not to take advantage of it. However, if you’re paying for coverage yourself, it\u2019s worth comparing the cost of an individual term policy to what\u2019s offered through your workplace. Employer plans are often easy to enroll in but may not be […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/\" \/>\n<meta property=\"og:site_name\" content=\"Zander Insurance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZanderInsurance\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-26T17:13:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-04T21:30:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png\" \/>\n\t<meta property=\"og:image:width\" content=\"740\" \/>\n\t<meta property=\"og:image:height\" content=\"411\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Aynsley Broom\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@zanderinsurance\" \/>\n<meta name=\"twitter:site\" content=\"@zanderinsurance\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aynsley Broom\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/\",\"url\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/\",\"name\":\"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan? | Zander Insurance\",\"isPartOf\":{\"@id\":\"https:\/\/wp.zanderins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png\",\"datePublished\":\"2025-03-26T17:13:06+00:00\",\"dateModified\":\"2025-04-04T21:30:21+00:00\",\"author\":{\"@id\":\"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263\"},\"breadcrumb\":{\"@id\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#primaryimage\",\"url\":\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png\",\"contentUrl\":\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png\",\"width\":740,\"height\":411},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wp.zanderins.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wp.zanderins.com\/#website\",\"url\":\"https:\/\/wp.zanderins.com\/\",\"name\":\"Zander Insurance\",\"description\":\"Zander API\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wp.zanderins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263\",\"name\":\"Aynsley Broom\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wp.zanderins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g\",\"caption\":\"Aynsley Broom\"},\"url\":\"https:\/\/wp.zanderins.com\/author\/abroom\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan? | Zander Insurance","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan? | Zander Insurance","og_description":"If your employer is covering the cost of your life insurance, there\u2019s no reason not to take advantage of it. However, if you’re paying for coverage yourself, it\u2019s worth comparing the cost of an individual term policy to what\u2019s offered through your workplace. Employer plans are often easy to enroll in but may not be […]","og_url":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/","og_site_name":"Zander Insurance","article_publisher":"https:\/\/www.facebook.com\/ZanderInsurance\/","article_published_time":"2025-03-26T17:13:06+00:00","article_modified_time":"2025-04-04T21:30:21+00:00","og_image":[{"width":740,"height":411,"url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png","type":"image\/png"}],"author":"Aynsley Broom","twitter_card":"summary_large_image","twitter_creator":"@zanderinsurance","twitter_site":"@zanderinsurance","twitter_misc":{"Written by":"Aynsley Broom","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/","url":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/","name":"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan? | Zander Insurance","isPartOf":{"@id":"https:\/\/wp.zanderins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#primaryimage"},"image":{"@id":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#primaryimage"},"thumbnailUrl":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png","datePublished":"2025-03-26T17:13:06+00:00","dateModified":"2025-04-04T21:30:21+00:00","author":{"@id":"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263"},"breadcrumb":{"@id":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#primaryimage","url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png","contentUrl":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2025\/03\/04213016\/20-5.png","width":740,"height":411},{"@type":"BreadcrumbList","@id":"https:\/\/wp.zanderins.com\/2025\/03\/26\/should-i-purchase-additional-term-coverage-outside-of-my-employers-group-plan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wp.zanderins.com\/"},{"@type":"ListItem","position":2,"name":"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan?"}]},{"@type":"WebSite","@id":"https:\/\/wp.zanderins.com\/#website","url":"https:\/\/wp.zanderins.com\/","name":"Zander Insurance","description":"Zander API","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp.zanderins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263","name":"Aynsley Broom","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp.zanderins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g","caption":"Aynsley Broom"},"url":"https:\/\/wp.zanderins.com\/author\/abroom\/"}]}},"post_categories":[{"term_id":8,"name":"Term Life","slug":"term-life","term_group":0,"term_taxonomy_id":8,"taxonomy":"category","description":"","parent":0,"count":62,"filter":"raw"}],"post_tags":[{"term_id":19,"name":"Homepage-Blog","slug":"homepage-blog","term_group":0,"term_taxonomy_id":19,"taxonomy":"post_tag","description":"","parent":0,"count":48,"filter":"raw"}],"_yoast_wpseo_primary_product_cat":{"term_id":8,"name":"Term Life","slug":"term-life","term_group":0,"term_taxonomy_id":8,"taxonomy":"category","description":"","parent":0,"count":62,"filter":"raw"},"_yoast_wpseo_metadesc":"","_yoast_wpseo_title":"Should I Purchase Additional Term Coverage Outside of My Employer\u2019s Group Plan?","global_social_fields":{"facebook_site":"https:\/\/www.facebook.com\/ZanderInsurance\/","instagram_url":"https:\/\/www.instagram.com\/zanderinsurance\/","linkedin_url":"https:\/\/www.linkedin.com\/company\/zander-insurance","myspace_url":"","og_default_image":"https:\/\/s3.amazonaws.com\/zander-marketing-stg\/wp-content\/uploads\/2019\/11\/26202231\/og-image-zander-insurance.jpg","og_default_image_id":1162,"og_frontpage_title":"","og_frontpage_desc":"","og_frontpage_image":"","og_frontpage_image_id":"","opengraph":true,"pinterest_url":"https:\/\/www.pinterest.com\/zanderinsurance\/","pinterestverify":"","twitter":true,"twitter_site":"zanderinsurance","twitter_card_type":"summary_large_image","youtube_url":"https:\/\/www.youtube.com\/user\/zanderinsurance","wikipedia_url":"","other_social_urls":[],"mastodon_url":"","fbadminapp":""},"_yoast_wpseo_focuskw":"","_yoast_wpseo_linkdex":"0","_yoast_wpseo_metakeywords":"","_yoast_wpseo_meta-robots-noindex":"0","_yoast_wpseo_meta-robots-nofollow":"0","_yoast_wpseo_meta-robots-adv":"","_yoast_wpseo_canonical":"","_yoast_wpseo_redirect":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_primary_category":"8","_links":{"self":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts\/3652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/comments?post=3652"}],"version-history":[{"count":3,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts\/3652\/revisions"}],"predecessor-version":[{"id":3736,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts\/3652\/revisions\/3736"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/media\/3735"}],"wp:attachment":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/media?parent=3652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/categories?post=3652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/tags?post=3652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}