FEGLI – 75% Reduction Election
Let’s talk about what the FEGLI 75 percent reduction election means.
More On FEGLI
There is no denying, there is no easy way of getting around understanding your benefits and what they mean in retirement.
FEGLI – Weekly Newsletter
FEGLI: CELEBRATING A LIFE WELL-LIVED As I thought of our discussion about FEGLI, LIFE insurance coverage for federal and postal employees, the word LIFE kept jumping out at me. Although many of us think of life insurance primarily as death insurance, it really is insurance about LIFE. FEGLI life insurance provides the policy holder with […]
FEGLI – The Order of Precendence
The Order of Precedence has no attachment to your Will. The Federal Government does not get involved in Wills and Probate. Instead, if there is no assignment of your insurance and no valid court order exists then the order is as follows ranging from first to sixth and in that order:
FEGLI – Did You Know?
The Office of Personnel Management (OPM) is the only entity that has a record of your FEGLI file. They can tell you how much coverage you have and who your beneficiaries are. With proper identification of yourself for safety and security, OPM will gladly provide that information to you if you need to verify or […]
FEGLI – The Extra Benefit
FEGLI offers an extra benefit to employees under age 45 at no extra charge.
FEGLI – Assignment
Assignment of Benefits – Employees can, as of a law passed in 1994, assign their Basic, Standard Optional and Additional Optional life insurance to an individual, individuals, a corporation or an irrevocable trust.
FEGLI – Conversion
The term conversion is when a policy is converted (changed) into another type of policy
More About FEGLI – FEGLI Option C
FEGLI Option C In previous articles we discussed Basic insurance and Options A and B and various FEGLI rates. Now let’s talk about the third option under the Federal Employees Group Life Insurance – Option C. Option C is Family Insurance. As with Options A and B, Option C’s premiums are also based on age. Coverage continues […]
FEGLI – Option B
Option B represents additional insurance of which you have the right to carry into retirement. The value of your Option B insurance depends on your coverage election.
