This optimizer helps users compare projected FEGLI costs against alternative private term insurance or association-based coverage options such as WAEPA.
FEGLI vs. Private Term Insurance Optimizer
$10.00
Description
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.
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