What is FEGLI?
Federal Employee Group Life Insurance

  • Available To All Federal Civilian Employees

  • Offered At Time Of Employment

  • No Open Season - Without Life Changing Event

  • Four Parts
    1. Basic
    2. Option A
    3. Option B
    4. Option C


    Basic Coverage

  • Figured As Base Salary Rounded Up + $2,000
    •     (example: Base Salary = 97,350 rounded up to 98,000
    +$2,000
    $100,000

  • Cost Per $1,000 = $0.22 1/2 Per 1000

    •     FAA Pays 1/3rd (7.5 cents per 1000)
        You Pay 2/3rd (15 Cents Per 1000)
        Base = $100,000 x $0.15 = $15.00 Per Pay Period

  • Cost Of Insurance Goes Up As Income Increases
  • Death Benefit Increases As Basic Income Goes Up
  • Accidental Death & Dismemberment Coverage Included In Cost Up To Age 45
  • Matching Amount Available To Age 35
  • At Age 35 Matching Amount Reduces 10% A Year To Age 45, Then It Is Gone



    • Option A
  • Amount: $10,000


  • Cost: Varies By Age
    •     (Example: .90 Cents At Age 45)


    Option B
  • Figured With:
    • Base Salary X Multiplier Of One To Five Times
    Can Only Increase Multiplier At Life Changing Event
        (Marriage, Children, Divorce, Etc.)
    Costs Increases At 5 Year Increments, Starting At Age 35

    Option C
  • Spouse: Units Of $5,000
  • Dependent: Units Of $2,500
  • Coverage Equal To Unit TImes Multiplier Of One To Five Times


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