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If you’re one of the many Americans who get life insurance through work, you might assume you’re covered — but is that group policy really enough? Financial professionals are cautioning that workplace life insurance might not provide the full protection your loved ones need.

Most employers offer a group life insurance policy that pays out one to two times your annual salary as a death benefit. That sounds helpful, but if you have a mortgage, children, or any long-term financial obligations, it may fall short.

Here are some key reasons why relying solely on workplace group life insurance might not be enough in 2025. First of all, coverage often isn’t portable. If you leave your job, you usually lose your policy. It also may not cover your actual needs. Experts often recommend having 5 to 10 times your income in life insurance coverage, depending on your age, debts, dependents, and lifestyle goals. Finally, it’s not tailored to you.

You might want to explore individual life insurance if you’re the primary breadwinner for your family, if you have young children or significant debts, and/or you want coverage that stays with you no matter where you work. With an individual policy, you get more control over the benefit amount, term length, and even whether your coverage builds cash value (in the case of whole or universal life).

The bottom line is that employer life insurance is a great starting point, but for many people it’s not the full solution. In 2025, with higher living costs and growing financial responsibilities, it’s smart to evaluate your life insurance needs beyond the basics. We are here to help! Give us a call and we will review your needs and options.