What Are The Limitations Of A Group Plan?
Free Insurance Quote Comparison
Secured with SHA-256 Encryption
UPDATED: Sep 15, 2020
It’s all about you. We want to help you make the right legal decisions.
We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.
It is not portable if you leave your employer and go to work elsewhere. In addition, the employer makes the decisions about whether to continue the insurance, how much coverage you will have, and who the insurer will be. Some recent benefit plans, though, do offer a degree of choice in so called “cafeteria plans.”
If your employer goes out of business or eliminates your job, you lose not only your job, but also your benefits.