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
Source: LINK
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