Find out whether your federal life insurance still makes sense as you age.
FEGLI can be affordable early in a federal career, but optional coverage can become significantly more expensive as employees get older. This optimizer helps users compare projected FEGLI costs against alternative private term insurance or association-based coverage options such as WAEPA. Users can enter their age, salary, coverage levels, and insurance options to see how premiums may change over the next 10, 15, and 20 years. The tool highlights the potential “premium cliff” that can occur with age-based coverage and helps users evaluate whether their current life insurance strategy is still cost-effective.Insurance
Federal insurance and survivor benefit decisions can have long-lasting consequences for both your budget and your family’s financial security. From comparing FEGLI costs against private term coverage to understanding how survivor benefit elections affect a spouse’s income and FEHB access, these tools help turn complicated benefit choices into clearer side-by-side comparisons. Use them to evaluate your coverage, identify potential gaps, and better understand the tradeoffs before making important protection decisions.
See all products
-
Understand the true cost and value of protecting your spouse in retirement.
At retirement, federal employees must make a critical survivor benefit decision that can affect both household income and a spouse’s ability to maintain FEHB coverage. This decision matrix compares the maximum survivor benefit, partial survivor benefit, and no survivor benefit options in plain dollars. Users can see the monthly pension reduction, projected long-term cost, survivor income protection, and FEHB implications of each election. Rather than treating the survivor benefit as just another retirement form, this tool helps users understand the real trade-off between keeping more pension income today and protecting a spouse’s financial security tomorrow.
