Insurance Report

Many jobs offer some form of group life insurance. Often, this insurance is an employee benefit provided at no charge, or for a small co-pay. Knowing that this coverage exists may convince someone that he doesn't need to discuss personally owned life insurance with an agent. That could be a mistake.

Most forms of group life insurance are limited in amount. That amount may be tied to a salary or some other benchmark, but often there is a cap. That cap may be dangerously low for your family's needs should you die. In fact, without a needs analysis (which I'll be happy to provide, free of charge), it may be completely unrelated to needs at death. In addition, the amount of group insurance offered is almost always reduced ' and sometimes dramatically ' when you retire.

Especially today, there is the very real possibility that you could lose your job. Or that your benefits could be reduced. In either case, you can find yourself without coverage. If your health has changed in the meantime, you can find yourself out of luck.

While group life helps, it does not replace the need for individually owned life insurance. I'll be happy to meet with you and provide a free, custom-tailored needs analysis, so that you'll know exactly where you stand. Please give me a call.

Daniel Robles

Insurance Field Agent

CA License #0H43810

805-304-8324