Why it matters
Group life is often cheap or free to the employee, with coverage of a set amount or a multiple of salary. It usually ends when employment ends, though some plans allow conversion to an individual policy within a short deadline. The amount may not be enough for a family's needs. Agents often advise people to treat group coverage as a base and to add an individual policy they own. Conversion rights and portability vary by plan and state.
Source: law.cornell.edu