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Is The Life Insurance My Employer Provides Enough?

Many employers offer life insurance to their employees as part of a benefits package. The amount of the policy is usually a multiple of your salary, up to a limit (usually 1-3 times your salary). This may be sufficient for your needs or you may want to supplement this amount with an additional policy. You should keep in mind that if you leave your employer,this provided life insurance coverage will lapse and so it is a good idea to have a backup policy to the employer insurance.