FEGLI open season & WAEPA

During the month of September, you can purchase life insurance under group rates offered by FEGLI, without having to go through a medical exam or answer many questions where a “yes” answer could disqualify you from coverage.   Once the open season ends, people applying for FEGLI will have to take physicals.

While FEGLI with its group rates is a good deal for many employees, young and healthy employees have other options, including WAEPA where they can get more coverage at lower cost.  Later in the show, Mike will talk about the FEGLI plan, and alternatives like WAEPA with its director Shane Canfield.

You can listen online (10 a.m. EDT) or, in the D.C. area, on 1500 AM.  You can also dial 712-432-5393 to listen live from any phone.  If you have questions or comments you can send them to Mike before the show: mcausey@federalnewsradio.com.