FEGLI Option “B”…….. Do Your Homework!
Federal Employee Group Life Insurance, FEGLI Option “B”, is available to all federal employees.
Employees can choose between 1-5 times salary.
Healthy employees should review these current FEGLI Option “B” rate increases.
FEGLI Option “B” increasing rates.
· FEGLI Option “B” rates increase 60% at age 50
· FEGLI Option “B” rates increase 80% at age 55
· FEGLI Option “B” rates increase 122% at age 60
· FEGLI Option “B” rates increase 20% at age 65
· FEGLI Option “B” rates increase 79% at age 70
· FEGLI Option “B” rates increase 109% at age 75
· FEGLI Option “B” rates increase 60% at age 80
Total 15 year FEGLI Option “B” rate increases from the following ages:
· Age 45 – 529% increase over next 15 years
· Age 50 – 392% increase over next 15 years
· Age 55 – 380% increase over next 15 years
· Age 60 – 309% increase over next 15 years
· Age 65 – 389% increase over next 15 years
By shopping for coverage with our top commercial carriers, the guaranteed savings can be unbelievable.
Comparing $500,000 20 Year Term with $500,000 FEGLI Option “B”, a healthy female employee can save the following:
· Age 50 – Guaranteed 20 year savings of $ 67,000 or 81%
· Age 55 – Guaranteed 20 year savings of $115,000 or 83%
· Age 60 – Guaranteed 20 year savings of $203,000 or 83%
· Age 65 – Guaranteed 20 year savings of $311,000 or 81%
For your free FEGLI Option “B” comparison go to AllFeds.com
If you have friends who would like to reduce their FEGLI Option “B” costs by 50-80%, please have them visit Allfeds.com