What happens to my group life insurance if I leave my job?

Since the employer generally owns group life insurance, the coverage typically ends when an employee leaves the job. However, if you wish to maintain your insurance after leaving, you can opt for a conversion policy, which allows you to convert the group policy into an individual insurance policy for which you will need to pay the  insurance premiums. It’s advisable to review your employer’s group life insurance details, including conversion options and associated premiums, before making any decisions.