What happens to my benefits if I leave my current job?

When an individual leaves their current job, the status of their benefits can vary based on a number of factors, including the type of benefits, the policies of the employer, and the laws governing benefits in the applicable jurisdiction. In general, if the benefits provided are associated with a group plan, such as health insurance or life insurance through the employer, those benefits may end upon termination of employment. However, some benefits may allow for continuation options under specific legal frameworks, such as the Consolidated Omnibus Budget Reconciliation Act, typically referred to as COBRA in the United States. COBRA allows certain employees and their dependents to continue their group health coverage for a limited period after leaving employment, although this coverage may be at the individual's expense. Regarding life insurance benefits, if the policy was employer-sponsored, an employee might have options to convert their group life insurance to an individual policy, subject to certain conditions. It is essential for individuals to review their employer's specific policies or any relevant documentation related to their benefits. For the most accurate and comprehensive information, individuals may wish to look on the current web page for specific guidance related to their benefits after leaving a job.