Your Employment: A Good Deal for Personal Life & Disability Insurance
- LIR TEAM
- Dec 13
- 4 min read
When it comes to life insurance and disability insurance, most consumers—and even many professionals—miss a critical first step: fully understanding what coverage already exists through employment benefits before purchasing individual policies.
Ironically, while people believe they are engaging in “personal financial planning,” the process almost always begins with analyzing something they don’t personally own—their employer-provided group benefits.
This is precisely why working with a Licensed Life Insurance Analyst—an independent, fee-based expert—is essential before committing to any life, annuity, disability, or long-term care insurance product.
At LifeInsuranceReview.com (LIR), we exist to make sure every consumer and every referring professional gets an independent second opinion—before a bad policy becomes a costly, long-term mistake.
The Overlooked Value of Employment Benefits
Many insurance products are sold aggressively without first asking a simple question:
“What coverage do you already have at work?”
Most employers provide a baseline layer of protection that is often:
Extremely affordable
Guaranteed issue
Underwritten at the group level
Immediately effective
The Foundation of Coverage
For most Americans, their first layer of financial protection comes from their employer, typically including:
Group Life Insurance
Flat amount (e.g., $50,000)
Or a multiple of income (e.g., 1x–2x salary)
Group Long-Term Disability (LTD)
Commonly covers 60% of base salary
Often subsidized or fully paid by the employer
These benefits form the foundation—not the final solution—of proper insurance planning.
The “Gap Analysis” Most Consumers Never Receive
A competent insurance analysis must begin with a full inventory of existing coverage.
Why This Matters
If a household needs $1,000,000 of life insurance protection and employment benefits already provide $200,000, then:
➡️ The true need for personal insurance is $800,000, not $1,000,000.
Without this analysis:
Consumers are often over-sold
Policies may be redundant
Premium dollars are wasted
Long-term affordability becomes an issue
This is where independent review changes everything.
The Risk of Over-Reliance on Employment Benefits
Here’s the warning most agents fail to emphasize:
Employment benefits are not portable.
The Hidden Risk
If you:
Change jobs
Get laid off
Reduce hours
Retire early
Become disabled and leave employment
👉 You may lose your coverage entirely.
That is why personal policies—owned by you—are critical. They provide:
Portability
Contractual guarantees
Long-term certainty
Protection independent of employment
The goal is coordination, not replacement.
Why Independent Analysis Matters More Than Ever
Most agents, brokers, and even financial advisors:
Are paid by commission
Represent specific carriers
Are incentivized to sell, not review
In contrast, a Licensed Life Insurance Analyst:
Works fee-based
Is independent of product sales
Acts as a fiduciary-level advocate
Reviews policies already owned or being proposed
Identifies conflicts, gaps, and inefficiencies
We don’t sell first. We analyze first. It's why we also don't ever ignore a good deal for personal life & disability insurance if your employer offer them.
How LifeInsuranceReview.com (LIR) Is Different
At LIR, we partner with:
Consumers
CPAs
Attorneys
Fee-only financial advisors
HR professionals
Our success comes from professional referrals who understand that:
This case could have been avoided if an independent second opinion was obtained first.
Shockingly:
Most professionals don’t know a Licensed Life Insurance Analyst even exists
Most consumers assume review and sales are the same thing—they are not
We review:
Life insurance
Annuities
Disability insurance
Long-term care insurance
All with one goal: protecting the client’s best interest.
Employment Benefits + Personal Policies = Smarter Planning
The right strategy is not:
“Buy more insurance”
Or “replace your group benefits”
The right strategy is:
Understand what you already have
Identify the true gaps
Coordinate group and personal coverage
Avoid unnecessary premiums
Protect against job-related risk
This approach benefits:
Consumers → better protection, lower cost
Professionals → reduced liability, better outcomes
Advisors → stronger client trust
Who Should Get an Independent Second Opinion?
You should seek an independent review if you:
Are buying or replacing life insurance
Were sold an annuity or disability policy
Have employer benefits and personal coverage
Are nearing retirement or changing jobs
Are a CPA or attorney referring clients
Want confirmation—not sales pressure
Frequently Asked Questions (FAQs) - A Good Deal for Personal Life & Disability Insurance
1. What is a Licensed Life Insurance Analyst?
A Licensed Life Insurance Analyst is a state-licensed professional who reviews and analyzes insurance policies for a fee, independent of product sales or commissions.
2. Should I rely only on my employer’s life insurance?
No. Employment benefits are a great foundation, but they are not portable. Personal policies are critical for long-term security.
3. Why don’t agents review my work benefits first?
Many agents are incentivized to sell new policies, not reduce or coordinate coverage. Independent analysts have no such conflict.
4. Can employment benefits reduce how much personal insurance I need?
Yes. Proper gap analysis often reveals that consumers are over-insured or paying for unnecessary coverage.
5. Do professionals like CPAs and attorneys refer clients to LIR?
Yes. Many professionals refer clients to LifeInsuranceReview.com to reduce liability and ensure clients receive an independent second opinion.
6. Does LIR sell insurance?
LIR’s primary role is analysis and review. If a client later requests implementation, it is handled under a separate engagement, with full disclosure.
Final Thought: Review First. Buy Second.
Whether you are a consumer or a trusted professional advisor, the smartest move is the same:
Get an independent review before committing to any life, disability, or annuity product.
Your employment benefits may already be a good deal—or a missing piece—but you won’t know without an expert who is on your side.
LifeInsuranceReview.com (LIR) exists to be that advocate.
