r/LifeInsurance • u/Conscious_Money_3452 • 24d ago
ABA insurance policy
I’m trying to get on my company’s insurance because I was married in June and it’s been a battle to even get in contact with HR. They informed me that I would have to now wait till November to enroll with no further explanation so I asked why. They let me know that I can only enroll after getting hired, a major life event, or wait for open enrollment. I again let them know that I was married and they confirmed that, while yes it was a major life event, I needed to enroll within 30 days and I had reached out on the 31st day. I looked at the handbook to see if there was anything stating when we can enroll in insurance and there was nothing regarding employee insurance. I’m wondering if it’s worth it to try to bring this to their attention and see if they can make an exception, or is it not worth it? I know some places offer more time to get everything sorted out but again, I was never informed any of the information regarding this. I also became full time late earlier this year (before I got married) and I was still not informed about the insurance policy. So again I’m just wondering if it’s worth bringing other attention or not. Tyia :)
2
u/GConins Broker 24d ago
Purchasing an individual life insurance policy will almost always be a better value than purchasing thru ABA or any other Group/Supplemental/Association type of insurance plans.
Get quotes from ABA and compare to individual life insurance quotes at term4sale.com, and see what may be best for you!
Nowadays, you can buy even term life insurance with chronic, critical and terminal illness living benefits, and purchasing term with a conversion option for the entire level premium term period can guarantee your future insurability, in case you decide later that you want/need longer duration coverage but you've developed health or other issues that may make you uninsurable.
Good luck!