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April 20, 2021

Federal Employee Retirement and Benefits News

Category: CompareFEGLI

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.

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Converting FEGLI to Individual Life Insurance

First Published on CompareFEGLI.com

Converting FEGLI to Individual Life Insurance After Separation From Federal Service

Insurance

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?

FEGLI – Federal Life Insurance Living Benefits Guide

Who Gets Your FEGLI Life Insurance Benefits When You Die?

Initially published on CompareFEGLI.com
Insurance
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… 

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