CompareFEGLI
FEGLI or the Federal Employee Group Life insurance is an insurance offered to the federal employees to further aid them in living a sound life post retirement or even during service. CompareFEGLI category deals with the different happenings in the FEGLI world and our writers have made it their aim to keep the readers updated about everything that they think the public should know.
Visit the CompareFEGLI section to read more.
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FEGLI Eligibility For Children
First published on CompareFEGLI.com
FEGLI Eligibility For Children
FEGLI eligibility is not as simple as it may seem. Federal employees are themselves automatically enrolled into the FEGLI life insurance program, but their family members are not. You can elect to include coverage for your spouse and children through FEGLI Option C. The following links have more information regarding FEGLI eligibility. Be sure to use every resource at your disposal. READ MORE…
MORE FEGLI ARTICLES TO READ:
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
Who Gets Your FEGLI Life Insurance Benefits When You Die?
FEGLI – Federal Life Insurance Living Benefits Guide
The Curious Case of FEGLI Incontestability
First published on COMPAREFEGLI.COM
The Curious Case of FEGLI Incontestability
Incontestability is where you get to keep erroneous coverage even though it is…well, erroneous. When it comes to FEGLI and federal benefits, incontestability is only possible in certain rare circumstances. READ MORE…
OTHER FEGLI RELATED ARTICLES:
Work With Local FEGLI Experts Through CompareFEGLI.com
What Factors Can Alter the Rate of FEGLI?
Using side-by-side Comparisons to Choose the Right Insurance Policy?
Easy to Understand FEGLI Calculator – Find the Right Insurance For You
FEGLI Insurance Cancellation and Reversal of Cancellations
First published on CompareFegli.com
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.
But before you do so, it might be a good idea to understand the implications. READ MORE…
MORE FEGLI RELATED ARTICLES:
FEGLI – How to Reduce the Costs of Your Life Insurance?
Do You Need to Compare FEGLI Insurance with Other Insurance Policies?
How (FEGLI) Federal Employees’ Group Life Insurance Program Works
How to Change Your Benefits Under the Federal Employees’ Group Life Insurance (FEGLI) Program
Erroneous FEGLI Coverage and Correction of Errors
First published on Comparefegli.com
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. READ MORE…
OTHER FEGLI RELATED ARTICLES:
FEGLI – How to Reduce the Costs of Your Life Insurance?
Do You Need to Compare FEGLI Insurance with Other Insurance Policies?
How (FEGLI) Federal Employees’ Group Life Insurance Program Works
How to Change Your Benefits Under the Federal Employees’ Group Life Insurance (FEGLI) Program
Rights of Insured and Assignee After FEGLI Assignment
First published on comparefegli.com
Rights of Insured and Assignee After FEGLI Assignment
One of the things you can do as after being enrolled into the Federal Employees Group Life Insurance (FEGLI) program is to make an assignment. The insured or assignee can make multiple assignments, with specified percentages or fractions of the insurance to go to each assignee.
Note that you cannot assign dollar amounts, and the fractions must add up to 1.0 or the percentages assigned must add up to 100 percent.
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.
Here’s a brief overview of how this works. READ MORE…
OTHER FEGLI RELATED ARTICLES:
Using side-by-side Comparisons to Choose the Right Insurance Policy?
Easy to Understand FEGLI Calculator – Find the Right Insurance For You
FEGLI – How to Reduce the Costs of Your Life Insurance?
Do You Need to Compare FEGLI Insurance with Other Insurance Policies?
How (FEGLI) Federal Employees’ Group Life Insurance Program Works
Individual Responsibilities of FEGLI Enrollees
First published on CompareFEGLI.com
Individual Responsibilities of FEGLI Enrollees
When you join federal employment, you are automatically enrolled into the 
(FEGLI) program. So you don’t really have anything much to do as far as shopping around to buy life insurance is concerned. READ MORE…
–RELATED FEGLI ARTICLES:
FEGLI – How to Reduce the Costs of Your Life Insurance?
Do You Need to Compare FEGLI Insurance with Other Insurance Policies?
How (FEGLI) Federal Employees’ Group Life Insurance Program Works
How to Change Your Benefits Under the Federal Employees’ Group Life Insurance (FEGLI) Program
Don’t Fall For FEGLI Discounts
First published on CompareFegli.com
Don’t Fall For FEGLI Discounts
and Postal Service workers enrolled in the Federal Employees’ Group Life Insurance (FEGLI) program to shop around for savings or look for other similar life insurance products that give them the same protection and cover at a lower price.
But while doing so, it’s important to know that you cannot get any FEGLI discounts from any other insurer, or buy any supplemental insurance products that will lower your FEGLI rates and premiums.
FEGLI Discounts are unavailable because premiums are calculated based on government-wide rates and factor in your age, salary and individual enrollment in FEGLI options. Read More…
Other related articles
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
FEGLI Verification of Life Insurance (VOLI)
First published on CompareFEGLI
FEGLI Verification of Life Insurance (VOLI)
Unlike individual life insurance purchased from private insurers, enrollees in the Federal Employees Group Life Insurance (FEGLI) Program don’t get a bunch of documents or a file mailed to them in the post with all their policy details.
Federal employees often forget details about their FEGLI coverage and options. Annuitants, beneficiaries and compensationers may not even be aware of the coverage, or may have forgotten about it. This is where it’s helpful to be able to see and print a FEGLI Verification of Life Insurance (VOLI) for your records. READ MORE…
OTHER FEGLI ARTICLES
Work With Local FEGLI Experts Through CompareFEGLI.com
What Factors Can Alter the Rate of FEGLI?
Using side-by-side Comparisons to Choose the Right Insurance Policy?
Easy to Understand FEGLI Calculator – Find the Right Insurance For You
FEGLI – How to Reduce the Costs of Your Life Insurance?
FEGLI Handbook and Booklet For Federal Employees
First Published On CompareFEGLI
FEGLI Handbook and Booklet For Federal Employees
The FEGLI Handbook is probably the best resource for both 
and agency insurance officers looking for information about the Federal Employees Group Life Insurance (FEGLI) Program.
The 248-page handbook starts with an introduction about what is FEGLI and provides a brief overview of all the aspects and options of the program.
You are then taken through a series of chapters about the responsibilities of the OPM, OFEGLI, the employing federal agency, and the insured federal employee.
For the record, Read More…
Related FEGLI Articles:
FEGLI – How to Reduce the Costs of Your Life Insurance?
Do You Need to Compare FEGLI Insurance with Other Insurance Policies?
How (FEGLI) Federal Employees’ Group Life Insurance Program Works
How to Change Your Benefits Under the Federal Employees’ Group Life Insurance (FEGLI) Program
FEGLI Basic and Options Reductions After Federal Retirement
First Published on CompareFEGLI.com
FEGLI B
asic and Options Reductions After Federal Retirement
One of the many things that kicks in with federal retirement is a reduction in your FEGLI life insurance coverage. It’s important that you understand how the Federal Employees’ Group Life Insurance (FEGLI) Program is designed to reduce the cover for retirees in a phased manner.
The reductions kick in at the start of the second month after your 65th birthday, or the beginning of the second month following the date of your retirement, whichever comes later.
You must choose what happens at this point. As far as FEGLI Basic life insurance is concerned, you have three options. The first option is a 75 percent reduction that reduces your cover amount by two percent each month until it hits 25 percent of your pre-retirement FEGLI Basic amount. At this point, your FEGLI Basic becomes free (no premiums) and will stay at this level until your death.
The second option is…..Read More
Related FEGLI Articles
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
Who Gets Your FEGLI Life Insurance Benefits When You Die?
FEGLI – Federal Life Insurance Living Benefits Guide
When to Use the FEGLI Calculator
First published on CompareFEGLI.com
When to Use the FEGLI Calculator
You won’t often be called upon to calculate your coverage amount and premium for your Federal Employees’ Group Life Insurance (FEGLI) life insurance.
There are three reasons why you might need to use the FEGLI calculator. The first time will be when you are hired as a federal employee, and then on the rare occasion that you get to modify your FEGLI coverage amounts and options.
For the record, this is only possible when there is a FEGLI Open Season, or when you are able to submit evidence of a qualifying life event (QLE) that makes you eligible to modified FEGLI coverage and options.
The third time you will need the FEGLI calculator is when you retire. FEGLI rates and coverage change quite a lot post-federal retirement, so you will need to know the changed premiums and reducing coverage amounts.
How to Use the FEGLI Calculator…….. Read More
Other FEGLI Articles
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
FEGLI vs. Private Life Insurance
First Published on CompareFEGLI.com
FEGLI vs. Private Life Insurance
Thrift Savings Plan There’s really no question about whether it’s beneficial for new federal employees to stay in the Federal Employees’ Group Life Insurance (FEGLI) program which they are automatically enrolled into. But it’s a good idea to know all your options, so perhaps you should take a look at the alternatives too.
In this case, the alternatives are private life insurance companies, so here’s a comparison of FEGLI vs. private life insurance.
FEGLI life insurance offers a lot of benefits, including automatic coverage for you and your family (if you opt for FEGLI Option C). The no-questions asked, guaranteed coverage is literally a life-saver for federal employees and their families if are older and/or have health issues and pre-existing diseases.
But in terms of price, private insurers are handily able to beat FEGLI premiums. Did you know ….. READ MORE
Other FEGLI Articles
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
FEGLI – Federal Life Insurance Living Benefits Guide
First Published on CompareFEGLI.com
FEGLI Life Insurance Living Benefits Guide
One of the things you need to know about the Federal Employees Group Life Insurance (FEGLI) program is the availability of living benefits.
FEGLI offers a living benefit to federal employees and retirees who are terminally ill with a medical prognosis of less than nine months in life expectancy.
If you happen to be in this unfortunate situation, you should know that there are different rules on how you can claim FEGLI living benefits, depending on whether you are still a federal employee or annuitant already in retirement.
For starters, you should know that the Living Benefit is equal to your FEGLI Basic insurance coverage. Current federal employees can choose between READ More….
SCOTUS Ruling Clarifies FEGLI Designation of Beneficiaries
First Published On CompareFEGLI.com
Supreme Court Ruling Clarifies FEGLI Designation of Beneficiary Issues
A recent U.S. Supreme Court ruling has provided some clarity about Federal Employees Group Life Insurance (FEGLI) designation of beneficiary issues.
The case in question (Hillman v. Maretta; case No. 11-1221) was about a dispute over a deceased federal employee’s FEGLI proceeds. Both his ex-wife and his wife at the time of his death laid
claim to .
The problem was that a Virginia statute revokes a beneficiary designation in any contract that provides a death benefit to a former spouse where there has been a change in the decedent’s marital status.
But at the time of his death, Warren Hillman’s beneficiary of his FEGLI life insurance policy was still his ex-wife Judy, now Judy Maretta.
It seems that after their divorce, Hillman had neglected change his named FEGLI beneficiary to his new wife Jacqueline Hillman. So the FEGLI life insurance benefits should have gone to ex-wife Judy as per federal law, but Virginia law automatically transfers the benefits to his wife Jacqueline.
After Hillman’s death, Judy Maretta filed a claim seeking the FEGLI life insurance benefits and successfully collected said benefits. Jacqueline Hillman then filed suit in a Virginia state court, seeking recovery of the proceeds.
Hillman v. Maretta Case About FEGLI Designation of Beneficiary
The legal arguments and constitutional questions raised by the case ended up pitting Virginia state law against the Federal Employees Group Life Insurance Act (FEGLI Act) of 1954.
The Virginia Circuit Court found Maretta liable to Hillman, and the appeal ended up in the State Supreme Court which reversed the verdict and upheld FEGLI Act over Virginia state law. The U.S. Supreme Court has now endorsed this ruling, so Section D of Virginia state law stands preempted by FEGLI Act.
This verdict is about FEGLI life insurance proceeds, but it will now serve as a reference for just about any type of case where state and federal law are in conflict over federal employee benefits and designation of beneficiaries.
More FEGLI Articles
Why Wait For FEGLI Open Season?
First Published on CompareFEGLI.com
Why Wait For FEGLI Open Season?
Federal employees often realize after the fact that the 
Federal Employees Group Life Insurance (FEGLI) coverage they opted for as new federal employees was insufficient, and they now need to enhance coverage.
A popular misconception in this regard is that you either have to be a new federal employee or wait for the next FEGLI Open Season to make changes to the FEGLI options you signed up for.
In case you aren’t aware of what it is, the FEGLI Open Season is a rare bird that has only made itself available twice in recent years – in 1999 and 2004. All told, there have only been nine FEGLI Open Season events held since 1954.
During a FEGLI Open Season, federal and USPS employees are able to…. READ More….
More FEGLI Articles
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
What are FEGLI Option A, Option B and Option C?
Initially Published On CompareFEGLI.com
What is FEGLI Option A, Option B and Option C?
It’s not uncommon for young federal employees to simply follow defaults when it comes to the options for Federal Employees Group Life Insurance (
). After all, government retirement is not even on the horizon, and federal employees insurance is just one of those pesky payroll deductions the government collects from you.
But the fact of the matter is that it does make a big difference later on, and the best way to handle it is to understand all the FEGLI options right from the start. To be specific, you need to find out what is FEGLI Option A, Option B and Option C.
Coverage under Basic FEGLI is adjusted annually based on your salary and your age, and will provide…. READ More…
Other FEGLI Articles
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
Converting FEGLI to Individual Life Insurance
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 coverage when you separate from federal service and have to convert to an individual policy or policies (for family members).
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…
Other FEGLI Articles
What is FEGLI Option A, Option B and Option C?
Evaluating your life insurance policy by Todd Carmack
Converting FEGLI to Individual Life Insurance After Separation From Federal Service
Who Gets Your FEGLI Life Insurance Benefits When You Die?
Initially published on CompareFEGLI.com
Who Gets Your FEGLI Life Benefits When You Die?
One of the most critical issues that you need to be clear about when it comes to your Federal Employees Group Life Insurance (FEGLI) coverage is your beneficiaries.
Specifically, the question here is about who gets your FEGLI life insurance benefits when you die? It’s quite simple, once you know the particular order in which the Office of Federal Employees’ Group Life Insurance (OFEGLI) will pay your life insurance benefits.
The first thing that will be considered is READ More…
