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: 7 Ways the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) Could Impact Your Social Security Benefits
- Also Read: TSP Management Strategies Federal Employees Are Using to Retire Comfortably
- Also Read: 4 Ways Medicare Could Affect Postal Employees’ Health Coverage and Out-of-Pocket Costs in Retirement
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
