Saturday, September 17, 2016

FEGLI: Sept. 30 Deadline

FEGLI, which provides group term life insurance for federal employees, is holding its first open enrollment period in 12 years.
The Federal Employees’ Group Life Insurance Program (FEGLI) open enrollment period ends Friday, Sept. 30.
FEGLI provides group term life insurance for federal employees and retirees, as well as many of their family members.
During open season, which began September 1, eligible Postal Service employees can enroll or increase coverage up to the maximum offered by the program.
Eligible employees can elect any coverage the program offers, including option C coverage on the lives of spouses and eligible dependent children younger than age 22.
Enrolled employees can cancel coverage, reduce coverage, or change beneficiaries at any time. Employees do not need to wait until FEGLI open season to make these changes.
This is FEGLI’s first open enrollment in 12 years. 

Source: LINK

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