Initially published on CompareFEGLI.com
USPS Life Insurance For Postal Employees Through FEGLI
USPS life insurance for Service employees is provided through the Federal Employees Group Life Insurance (FEGLI) Program.
The USPS will pay 100 percent of the cost of your Basic life insurance cover, and you pay 100 percent of the cost of optional insurance components.
Basic life insurance through FEGLI
- Also Read: Want to Make Better Decisions with Your TSP? Here’s How Federal Employees Can Tweak Their Savings
- Also Read: Six Tips for Getting the Most Out of Military Buyback Programs and Improving Your Federal Retirement Plan
- Also Read: Seven TSP Fund Adjustments That Could Help Federal Workers Achieve Long-Term Financial Goals
FEGLI Options For USPS Employees & LiteBlue
FEGLI options include FEGLI Option A, Option B and Option C. FEGLI Option A – Standard provides additional coverage of $10,000. FEGLI Option B allows Postal Service employees to add coverage equaling up to five units or multiples of your annual rate of basic pay.