Portable life insurance is group or employer-sponsored coverage that an employee can keep after leaving a job by converting or porting it to an individual policy. Portability provisions allow departing employees to continue coverage"often at higher, age-based rates"without new medical underwriting, as long as they act within a defined election window. Plan rules specify which benefits are portable, how much coverage can be continued, and whether premiums are paid directly to the carrier. Portability reduces the coverage gap that can occur when workplace insurance ends but individual protection has not yet been arranged.

Advisors discuss portable life insurance when clients change jobs, retire, or lose eligibility for group benefits. HR teams and benefit booklets outline how to request portability, applicable deadlines, and premium schedules. Advisors help compare the cost and features of portable coverage with new individual term or permanent policies, considering health status and underwriting prospects. Understanding portable life insurance helps advisors prevent unintended coverage lapses and guide clients toward the most cost-effective way to maintain needed protection during career transitions.