Tag: Federal Employees Group Life Insurance

Federal Employees Group Life Insurance

The Federal Employees Group Life Insurance or FEGLI is a group life insurance program aimed at providing benefits of insurance to the federal employees.

Viatical Settlements and FEGLI

FEGLI has no cash value, but that’s not stopping you from assigning it to one or more assignees, and one of these may be a viatical settlement company.

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FEGLI Death Benefits Claim Guide

f you die while still covered by your FEGLI life insurance, your designated beneficiary or beneficiaries need to file a claim for death benefits.

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Death Benefits: Trustee Designation For FEGLI

Federal employees and retirees can establish a trust to receive their FEGLI death benefits either through inter vivos or testamentary trusts.

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FEGLI Accidental Death and Dismemberment Benefits

You or your beneficiaries can claim FEGLI accidental death and dismemberment (AD&D) benefits when you, as the insured, suffer from loss of life, limb or eyesight.

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Concurrent Employment: How Much FEGLI Coverage Do You Get?

Concurrent employment is where a federal employee is earning federal wages from more than one agency and outlines how to calculate the amount of FEGLI coverage.

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Impact of Breaks in Service on Your FEGLI Coverage

When federal employees take breaks in service and reinstated into their prior position find out what happens to FEGLI coverage.

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Reemployed Annuitants and FEGLI

If you have decided to enjoy retirement benefits such as FEGLI for annuitants, but become reemployed, you will need to sort out life insurance coverage.

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Pending Retirement Claims and FEGLI

FIrst published on COMPAREFEGLI.COM FEGLI and Pending Retirement Claims So you’re eligible for FEGLI and your life insurance coverage will continue when you are an annuitant after federal separation. But there’s a twilight zone in…

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FEGLI Eligibility For Your Spouse

Federal employees are themselves automatically enrolled into FEGLI and can elect to include coverage for your spouse and children through FEGLI Option C.

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Reconsidering FEGLI Life Insurance at Age 55

Age 55 is a milestone when it comes to federal retirement and with 30 years of service you can retire with full benefits, but not with FEGLI.

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FEGLI Eligibility For Children

Federal employees are themselves automatically enrolled into FEGLI and you can elect to include coverage for your children through FEGLI Option C.

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FEGLI Eligibility: How to Request Reconsideration

In the rare case that there is some confusion over eligibility for FEGLI and you are not enrolled, it may be incumbent on you to request reconsideration.

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The Curious Case of FEGLI Incontestability

When it comes to FEGLI and federal benefits, incontestability is only possible in certain rare circumstances.

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New FEGLI Premium Rate Tables for 2016 and beyond

Effective the first pay period beginning on or after January 1, 2016, the Office of Personnel Management (OPM) has announced changes to changes in premium rates for certain Federal Employees’ Group Life Insurance (FEGLI) categories.

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FEGLI Insurance Cancellation and Reversal of Cancellations

As a new federal employee, you are automatically enrolled into the Federal Employees Group Life Insurance (FEGLI) program. You can, of course, specifically provide a waiver that lets you cancel your enrollment.

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Erroneous FEGLI Coverage and Correction of Errors

It doesn’t happen often, but in the rare instance that you get entangled into erroneous FEGLI coverage, it may be a good idea to know beforehand how to correct the error.

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OPM to Announce Changes in FEGLI Rates, Open Season

OPM announces that rates for the Federal Employees’ Group Life Insurance (FEGLI) Program will be changing in 2016.

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Rights of Insured and Assignee After FEGLI Assignment

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.

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Individual Responsibilities of FEGLI Enrollees

When you join federal employment, you are automatically enrolled into the Federal Employees Group Life Insurance (FEGLI) program. So you don’t really have anything much to do as far as shopping around to buy life insurance is concerned.

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Don’t Fall For FEGLI Discounts

Federal Employees shop around for FEGLI savings or look for other similar life insurance products that give them the same protection and cover at a lower price.

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