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What to Know About Federal Employee Group Life Insurance (FEGLI)
Manage episode 373913944 series 3485876
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The complexities of retirement planning and insurance coverage often present a challenge for federal employees. Among these complexities is Federal Employee Group Life Insurance (FEGLI) and the different types of policies that are available. This is an important benefit for federal employees so we want to help you understand all of your options and make the best choices for your financial future.
Here’s some of what we discuss in this episode:
0:00 – Intro
1:42 – The basic coverage you automatically enrolled in
2:42 – Reduction options available in retirement
7:19 – Option A coverage
8:17 – Option B is a big step up in cost
13:31 – Every 5 years the premium increases for Option B
15:00 – Option C
Learn more about our team: https://www.federalretirementexperts.com/about-us
Get Connected with a retirement coach: https://www.federalretirementexperts.com/get-connected
Get in touch with us: https://www.federalretirementexperts.com/contact-us
Watch the Podcast on YouTube: https://bit.ly/3rGJHi0
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