All Refund Checks were MAILED ON Oct. 1st, 2012

September 2012: 25% Premium Refund For WAEPA Members

Since 1996, the WAEPA Board of Directors has declared 16 premium refunds, returning over $65,000,000 to WAEPA members. This includes a 25% refund of premium for the fiscal year ending March 31, 2012.   All refund checks are void, as of December 2nd 2012, with all credits being applied to each Member's account.

Who is eligible for a refund?

WAEPA Members with life insurance coverage in force on March 31, 2012, whose coverage remains in force as of September 1, 2012 - the date of the refund. All Refund Checks are void, by year’s end, and are, thereafter, automatically credited to each respective Member’s account.

How much money do eligible WAEPA members receive?

Your refund is based on the amount of your insurance coverage. You will receive 25% of your annualized premium as of March 31, 2012 the last day of WAEPA’s fiscal year (The exact percentage may vary from year to year).

How much is my premium refund with FEGLI?

FEGLI does not offer premium refunds.

History of premium refunds:

WAEPA continues its long history of Premium Refunds!

WAEPA has refunded over $65,000,000 of premiums to its members since 1996!  The chart below illustrates WAEPA’s consistent history of declaring refunds. 

Year	All Eligible WAEPA Members	Return of Premium
2012	All eligible WAEPA members	25%
2011	All eligible WAEPA members	25%
2009	All eligible WAEPA members	25%
2008	All eligible WAEPA members	25%
2007	All eligible WAEPA members	25%
2006	All eligible WAEPA members	25%
2005	All eligible WAEPA members	25%
2004	All eligible WAEPA members	25%
2003	All eligible WAEPA members	10%
2002	All eligible WAEPA members	25%
2001	All eligible WAEPA members	25%
2000	All eligible WAEPA members	25%
1999	All eligible WAEPA members	25%
1998	All eligible WAEPA members	25%
1997	Premium rates reduced by 15%	-
1996	All eligible WAEPA members	15%
Total Premiums Returned:		$65,000,000