How long will employer-sponsored life insurance coverage last?
You will need to continue to meet the Active Work Requirements, which means working the minimum number of hours to maintain eligibility for benefits. You may not be able to continue meeting the active work requirement. In these cases, you may be eligible to continue coverage through converting policy to an individual plan. If you are not able to continue because of disability, many life insurance policies allow you to continue coverage at no cost through a provision called waiver of premium.
Related Questions
- What Supplemental or Dependent Life Insurance coverage can I change during the special open enrollment period in February, and what is the "added guaranteed issue provision"?
- What is the difference between employer-sponsored life insurance and accidental death and dismemberment coverage?
- How long will employer-sponsored life insurance coverage last?
