Assuris: Protection For Your Insurance Policies
Have you ever wondered what would happen to your insurance policy if the insurance company became insolvent?
No? Maybe it’s just me.
But in case you’re worried, you’ll be glad to know that your policy is protected by an organization called Assuris.
What is Assuris and how much is the guarantee? Read on to find out.
Is Employer-Provided Group Life Insurance Enough?
When you start a new job, one of the perks you might not think twice about is the group life insurance offered by your employer. It might seem like a great benefit at first glance, but what if the safety net it provides has more gaps than you realize?
Many of us rely on employer-provided group life insurance because it’s simple and often comes at no extra cost. However, this coverage usually comes with limitations—a flat amount or a modest multiple of your salary—that may not be enough to cover all of your family’s financial needs. If you have a mortgage, college tuition plans, or other significant expenses on the horizon, you might find yourself questioning whether your family is really protected when it matters most.
In this post, we’re going to break down exactly what employer-provided life insurance entails, its limitations, and how supplementing it with a tailored individual policy can bridge the gap. Keep reading to learn how you can take control of your financial future and ensure that your family’s security isn’t left to chance.
