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The Federal Employee Group Life Insurance program (FEGLI) is the largest group life insurance program in the world, covering over 4 million federal employees, retirees, and their family members. Quite a few of those covered employees don’t truly understand what they have in coverage and what their options are.  They signed up for whatever options sounded most efficient and it is common that they haven’t re-examined it since their hire date.

If a Federal Employee was hired when young, maybe he had a family or someone relying on his income. Since then things have changed and in some cases that same employee may not need as much life insurance or any at all.

In this article, I examine the four parts of FEGLI and how it affects you while worki……….. continues on

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