<prompt> Human: Im starting a new job and my employer said Im automatically enrolled at 2x salary at no cost to me. The value of life insurance over 50,000 is taxable. I can make a one time choice to reduce life insurance coverage to 50k but I cannot change it again while Im employed for this company. Not sure which one to pick based on Im taxed for anything over 50k.Live in CT30 y.o. Single Healthy male2x salary 140k  <response>: If no one depends on your income and assuming you have enough money to wrap up your affairs, you dont really need insurance at all.If you do need insurance, employer provided isnt good enough. If you get sick, you lose it right when your family needs it.If you want to up the coverage, I would price it out on the market first. term4sale.com 