- You will NOT lose your SWA life insurance if you become disabled, however, you may experience an increase in premium that could be significantly higher than what you’re currently paying for life insurance.
- You have the option to convert your group term life insurance to a permanent whole life policy if you leave SWA due to a disability.
- Be careful of switching to the Regular Healthcare Plan if you do not already have sufficient non-SWA group term life insurance coverage in place.
- You can only have a maximum of $100,000 of SWA group term life insurance coverage if you’re using the Regular Health plan at SWA.
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk and there can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this video will be profitable, equal any corresponding indicated historical performance level(s), or be suitable for your portfolio. Moreover, you should not assume that any information or any corresponding discussions serves as the receipt of, or as a substitute for, personalized investment advice from Leading Edge Financial Planning personnel. The opinions expressed are those of Leading Edge Financial Planning as of 11/08/2020 and are subject to change at any time due to the changes in market or economic conditions.