Maria, a 30-year-old software developer, has recently started a new job. Her employer provides a group term life insurance policy equal to one year's salary ($75,000). Maria also has a $200,000 mortgage and plans to start a family soon. What action should Maria consider regarding her life insurance coverage?

Question: Maria, a 30-year-old software developer, has recently started a new job. Her employer provides a group term life insurance policy equal to one year's salary ($75,000). Maria also has a $200,000 mortgage and plans to start a family soon. What action should Maria consider regarding her life insurance coverage?

Answer options:

• She should rely solely on her group coverage as it's sufficient.
• She should purchase an individual whole life policy immediately. ✅ She should consider purchasing additional individual term life insurance.
• She should decline the group coverage and purchase a larger individual policy.

Correct answer: She should consider purchasing additional individual term life insurance.

Explanation: Maria should consider purchasing additional individual term life insurance because her group coverage of $75,000 is insufficient to cover her $200,000 mortgage and future family needs, and individual term offers cost-effective, portable coverage for a specific period.