Ryan Brady

Yeah, sometimes you do. If you just purchase a small amount of additional coverage, you likely won't have to do any sort of medical screening. But if you want to get a lot of supplemental coverage, you may be asked to do a medical exam or at the very least fill out a simple health questionnaire. And depending on how that goes, there's a chance you actually might be denied coverage.

Yeah, sometimes you do. If you just purchase a small amount of additional coverage, you likely won't have to do any sort of medical screening. But if you want to get a lot of supplemental coverage, you may be asked to do a medical exam or at the very least fill out a simple health questionnaire. And depending on how that goes, there's a chance you actually might be denied coverage.

Yeah, sometimes you do. If you just purchase a small amount of additional coverage, you likely won't have to do any sort of medical screening. But if you want to get a lot of supplemental coverage, you may be asked to do a medical exam or at the very least fill out a simple health questionnaire. And depending on how that goes, there's a chance you actually might be denied coverage.

Yeah, so that's really the big downside to all this life insurance coverage you get through work is that when you part ways with your employer, you typically part ways with your group insurance coverage too. However, some policies may allow you to convert a group life insurance policy into an individual policy when you leave your job, but the price could go up quite a lot from there.

Yeah, so that's really the big downside to all this life insurance coverage you get through work is that when you part ways with your employer, you typically part ways with your group insurance coverage too. However, some policies may allow you to convert a group life insurance policy into an individual policy when you leave your job, but the price could go up quite a lot from there.

Yeah, so that's really the big downside to all this life insurance coverage you get through work is that when you part ways with your employer, you typically part ways with your group insurance coverage too. However, some policies may allow you to convert a group life insurance policy into an individual policy when you leave your job, but the price could go up quite a lot from there.

So I wouldn't count on that as an option. And then you have to think about, you know, what if your next employer doesn't offer group life insurance? You may end up needing to buy your own policy anyways. So if you think you need life insurance, it may be better just to buy your own policy now is what I would say.

So I wouldn't count on that as an option. And then you have to think about, you know, what if your next employer doesn't offer group life insurance? You may end up needing to buy your own policy anyways. So if you think you need life insurance, it may be better just to buy your own policy now is what I would say.

So I wouldn't count on that as an option. And then you have to think about, you know, what if your next employer doesn't offer group life insurance? You may end up needing to buy your own policy anyways. So if you think you need life insurance, it may be better just to buy your own policy now is what I would say.

Yeah, that's absolutely right, Liz.

Yeah, that's absolutely right, Liz.

Yeah, that's absolutely right, Liz.

Yeah, there's a few things that could happen. With most life insurance policies, including supplemental group life insurance, companies can actually deny a claim if you take your own life. So this suicide clause typically will last two years after getting the policy.

Yeah, there's a few things that could happen. With most life insurance policies, including supplemental group life insurance, companies can actually deny a claim if you take your own life. So this suicide clause typically will last two years after getting the policy.

Yeah, there's a few things that could happen. With most life insurance policies, including supplemental group life insurance, companies can actually deny a claim if you take your own life. So this suicide clause typically will last two years after getting the policy.

And then your claim may also be denied if your insurance company finds that you gave false information on your application or health questionnaire as well. So, for example, if you said you don't smoke, but your insurance company later discovers you died from a smoking related illness, it can actually deny or delay the payout to your beneficiaries.

And then your claim may also be denied if your insurance company finds that you gave false information on your application or health questionnaire as well. So, for example, if you said you don't smoke, but your insurance company later discovers you died from a smoking related illness, it can actually deny or delay the payout to your beneficiaries.

And then your claim may also be denied if your insurance company finds that you gave false information on your application or health questionnaire as well. So, for example, if you said you don't smoke, but your insurance company later discovers you died from a smoking related illness, it can actually deny or delay the payout to your beneficiaries.

Again, there's generally a two year window after getting your policy where they can do that. And insurance companies do this to reduce the risk of fraud. But the good thing is with basic group life insurance, they typically don't have those provisions. So your survivor should get a payout regardless of how or when you die.

Again, there's generally a two year window after getting your policy where they can do that. And insurance companies do this to reduce the risk of fraud. But the good thing is with basic group life insurance, they typically don't have those provisions. So your survivor should get a payout regardless of how or when you die.