FEGLI Life Insurance Review & Ratings (2021)

This FEGLI Life Insurance Review & Ratings (2021) review will cover FEGLI Life Insurance Review & Ratings (2021) ratings by real users for overall satisfaction and claims, cost, billing, and service satisfaction. The FEGLI Life Insurance Review & Ratings (2021) A.M. Best rating is A+. To compare insurance rates from the best companies in your locale, enter your ZIP code below.

Free Insurance Comparison

 Secured with SHA-256 Encryption

Natasha McLachlan is a writer who currently lives in Southern California. She is an alumna of California College of the Arts, where she obtained her B.A. in Writing and Literature. Her current work revolves around insurance guides and informational articles. She truly enjoys helping others learn more about everyday, practical matters through her work.

Full Bio →

Written by

Laura Walker graduated college with a BS in Criminal Justice with a minor in Political Science. She married her husband and began working in the family insurance business in 2005. She became a licensed agent and wrote P&C business focusing on personal lines insurance for 10 years. Laura serviced existing business and wrote new business. She now uses her insurance background to help educate...

Full Bio →

Reviewed by Laura Walker
Former Licensed Agent

UPDATED: May 25, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.

Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.

Company Details
Address: 1900 E Street
City: NW Washington, DC
State: Virginia/Maryland Border
ZIP Code: 20415
Phone Number: 202-606-1800
Website: ww.opm.gov/
Year Founded: 1954
AM Best Rating: A+
Company Rating 0 (0 reviews)

FEGLI life insurance, or Federal Employee Group Life Insurance, is a federal government life insurance program for federal employees. Therefore, FEGLI isn’t available to everyone.

If you’re a new or current federal employee, you’re eligible for FEGLI life insurance quotes.

Continue reading to learn more about FEGLI life insurance rates. Enter your ZIP code in the free comparison tool above to compare multiple companies in your area.

FEGLI Life Insurance Policies

FEGLI Life Insurance Company provides group term life insurance through MetLife Life Insurance Company and the United States federal government.

You can voluntarily buy FEGLI life insurance or cancel your policy at any time if you’re not happy with FEGLI rates or policy.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

 Secured with SHA-256 Encryption

How much is FEGLI life insurance?

You may be wondering how to get affordable FEGLI life insurance. FEGLI basic life insurance is based on your age, income, and the option you choose through your federal employer.

The U.S. Office of Personnel Management calculates FEGLI rates by charging 15 cents for each $1,000 of coverage. Therefore, a $65,000 coverage limit would cost $9.75 per month.

FEGLI has an “A+” rating from A.M. Best.

When you select different options and add multipliers, your life insurance rates increase per month. Here’s an example of how FEGLI rates vary.

Comparing FEGLI Life Insurance Rates for Policyholders Aged 45 through 49
FEGLI OptionsMonthly Life Insurance RatesCoverage Amount
No Option$16$52,000
Option A$17$62,000
Option C (with 2 Multipliers)$18$10,000 for Spouse
$5,000 for Child
$52,000 for policyholder
Option A and C$19$10,000 for Spouse
$5,000 for Child
$62,000 for policyholder
Option B (with 2 Multipliers)$30$152,000
Option A and B$31$162,000
Option B and C (with 2 multipliers each)$32$10,000 for Spouse
$5,000 for Child
$152,000 for policyholder
All Options$33$10,000 for Spouse
$5,000 for Child
$162,000 for policyholder
Get Your Rates Quote Now

Compare RatesStart Now →

FEGLI life insurance rates aren’t much different from other life insurance companies. Extra benefits do cost more. Compared to other life insurance companies, FEGLI is slightly more expensive.

Use the FEGLI Calculator to get a preview of what your FEGLI rates will look like once you sign up under your federal employer.

How do you find out how much FEGLI life insurance you have as an annuitant?

Follow these steps to find more information about FEGLI life insurance as an annuitant.

  • Step #1 – Log on to the U.S. Office of Personnel Management’s (OPM) Retirement Services Online
  • Step #2 – Examine and print out a Verification of Life Insurance (VOLI) form (the form shows the amount of coverage and types of FEGLI insurance you have)
  • Step #3 – Request a VOLI from OPM by emailing [email protected] Include your retirement claim number (also known as CSA/CSF)
  • Step #4 – You won’t be able to get FEGLI beneficiary records online

Call OPM’s toll-free phone number at 1-888-767-6738 to learn more about your annuitant status. To file a FEGLI life insurance claim, you can use the FEGLI life insurance phone number at 1-800-633-4542.

Five FEGLI Life Insurance Facts You Should Know

As we bring this article to a close, let’s look at five facts about FEGLI life insurance.

  • You can convert your group life insurance to another company policy
  • Human resource coordinators can show all FEGLI benefits through an Official Personnel Folder (OPF)
  • FEGLI can be carried into your retirement, but you’ll have to contact OPM and fill out a form to apply
  • The U.S. Postal Service employees get FEGLI basic life insurance for free
  • FEGLI rates are ten percent more expensive than World Assurance of Employees of Public Agencies (WAEPA)

These are only a few details about FEGLI. As you enter your federal employment, you’ll experience how FEGLI works.

Compare The Best Insurance Quotes In The Country

Compare quotes from the top insurance companies and save!

 Secured with SHA-256 Encryption

FEGLI Life Insurance Review: What’s the bottom line?

FEGLI life insurance is a group term life insurance benefit for United States federal employees. FEGLI rates can be inexpensive, but they can be expensive for senior policyholders.

If FEGLI life insurance rates are more expensive or equal to private life insurance companies, it may not be a bad idea to compare the best insurance companies.

Now that you know more about FEGLI life insurance, use our free comparison tool below to compare the top companies in your local area and secure the best rates.

Leave a Reply

Sending

Free Insurance Comparison

Compare quotes from the top insurance companies and save!

 Secured with SHA-256 Encryption