First Published on CompareFEGLI.com
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
One of the outstanding perks of federal employment is the coverage you get under the Federal Employees Group Life Insurance (FEGLI) program. By the same token, it’s also really helpful to have FEGLI
- Also Read: 3 Ways CSRS Retirees Can Avoid Social Security Reductions Due to the Windfall Elimination Provision (WEP)
- Also Read: Your Next Federal Pay Raise Might Come With a Tradeoff—Here’s What to Watch
- Also Read: How to Make the Most of Your FEDVIP Plan Without Paying for Extras You Don’t Need
It’s best to plan ahead for this event, so that you know what kind of options you have for converting to an individual policy, and whether you should make use of this facility.
FEGLI coverage terminates as you leave federal employment, but you get a 31-day extension as free coverage. On the day after this grace period… READ More…
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Converting FEGLI to Individual Life Insurance After Separation From Federal Service
