Written by Termland.com
Employees of our federal government are entitled to group term life insurance benefits through the government sponsored Federal Employees Group Life Insurance program (FEGLI). The FEGLI program became effective in 1954 and covers over 4 million federal workers and retires. Additionally, FEGLI pays out billions of dollars in claims every year. However, when actual FEGLI.. More
Written by Termland.com
The Federal Employee’s Group Life Insurance program gives retiring employees the option to continue coverage into retirement if certain conditions are met. These conditions are as follows: You must retire on an immediate annuity (pension) under the federal retirement system;and, Been previously covered under the FEGLI program for the last five years of service directly.. More
Written by Termland.com
Most working Americans today carry some amount of group life insurance offered by their employer. That is also true for employees of the federal government. The government insurance plan is known as the Federal Employees Group Life Insurance Program and is commonly referred to as FEGLI. According to the US Government, “the purpose of the.. More
Written by Termland.com
“Why pay more for your life insurance when you don’t have to?” If you smoke the occasional cigar on the golf course or at a special event, unfortunately most life insurance companies will consider you a regular smoker which drives your rates thru the roof. In fact, regular smoker rates can be 3 times the.. More
Written by Termland.com
The items below identify some of the pros and cons of the AICPA life insurance plan when compared to ordinary level term life coverage. The AICPA Life Insurance Plan: The AICPA insurance program offers members an easy way to get term life insurance. In most cases there are no medical exams and if you are.. More
Written by Termland.com
Group life insurance coverage offered by the American Institute of Certified Public Accountants, the AICPA, is available to member CPA’s and many take advantage of this valuable coverage to protect their families and businesses. However, upon careful review of policy costs and features, AICPA coverage is expensive and in most cases individual level term life.. More
Written by Termland.com
The Federal Employee’s Group Life Insurance program (FEGLI) is the world’s largest group life insurance plan covering over 4 million government employees and their families. The FEGLI program is solid, but in some cases, it may not be the top solution to your life insurance needs. The information below is a general review of the.. More
Written by Termland.com
Most certified public accountants that are members of the AICPA carry some amount of term life insurance through the association plan underwritten by the Prudential Insurance Company of America. While the coverage offered by the AICPA is relatively easy to obtain, in most cases it may not be the best option. The list of the.. More