First published on comparefegli.com
Rights of Insured and Assignee After FEGLI Assignment
One of the things you can do as after being enrolled into the Federal Employees Group Life Insurance (FEGLI) program is to make an assignment. The insured or assignee can make multiple assignments, with specified percentages or fractions of the insurance to go to each assignee.
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One of the aspects that many insureds who have made a FEGLI assignment neglect to find out is about what rights they retain after assignment, and what rights are transferred to the assignees.
Here’s a brief overview of how this works. READ MORE…
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