If you’re like a lot of Pittsburgh, PA residents right now, you might be in the middle of a job change. At Affinity Insurance Partners, we want to make sure you have the right life insurance coverage for your needs, even if your situation is evolving. Here’s what you need to know.
Do You Need to Buy Life Insurance After Changing Jobs?
We can all agree that an occupation change is a big deal. But if you’ve only ever had life insurance paid for by your Pittsburgh, PA employer, you might not realize that that coverage ends on your last day of work.
As you transition to a new employer, the benefits might not be the same, or they could potentially not offer this type of coverage. Some even require you to be on the job for a set period of time before you’re eligible for life insurance.
This is why it is crucial to have a conversation with your trusted life insurance agency any time there’s a big change in your lifestyle. They will help you determine if you need to purchase a policy outside of work and its benefits.
Even Stay-at-Home Parents Need Life Insurance
It isn’t just the primary breadwinner who needs life insurance coverage. If you’ve recently changed occupations, the income level for your entire household has changed. This means that it is more important than ever for the stay-at-home parent or spouse to have coverage, as well. Your partner contributes quite a bit to your family and trying to replace their duties. At the same time, your work would certainly be difficult without a bit of extra financial assistance provided by a life insurance policy.
Ready to protect your family with adequate life insurance coverage? Please contact our team at Affinity Insurance Partners today to schedule an appointment.