News & Events
WAEPA Announces 25% Premium Refund
WAEPA Members to Receive $5.7 Million in September 2008
WAEPA's Board of Directors has just declared a 25% return of premium to eligible members for the 2007-2008 fiscal year. This is the twelfth return of premium since 1996, during which time WAEPA members have received over $39,000,000 in returned premiums.
Who is eligible for a refund?
WAEPA members with an effective date of life insurance coverage prior to April 1, 2008, and whose coverage remains in-force through September 1, 2008.
How much money will eligible WAEPA members receive?
Your refund will be based on the amount of your insurance coverage at the end of the 2007-2008 fiscal year. Specifically, you will receive 25% of your annualized premium as of March 31, 2008.
When will the refund checks be distributed?
Refund checks will be mailed to all eligible WAEPA members during the last week of September.
WAEPA to Present President's Award at AAFEA Conference
Worldwide Assurance for Employees of Public Agencies, WAEPA, is pleased to announce that it will be sponsoring the presentation of the President's Award at the fourth annual conference of the African American Federal Executive Association, AAFEA.
The conference is being held on April 8, 2008 at the Mayflower Hotel in Washington DC. The theme of this year's conference is "Leadership Ready" and will feature workshops and presentations on subjects such as developing executive core competencies, interviewing techniques, mentoring, mobility in the SES, and the legislative process.
The conference is aimed at federal employees in the grades of GS 14 and 15 as well as the SES. For more information about registering for the conference and to learn more about AAFEA, visit www.aafea.org, or call the conference desk at 1-866-600-4894.
AAFEA was founded in 2002 and its purpose is to promote the professional development and upward mobility of African Americans into and within the senior levels of the United States government.
WAEPA was founded in 1943 and provides life insurance and long-term care coverage to civilian federal employees and their dependents. To learn more about WAEPA visit their web-site at www.waepa.org, or call 1-800-368-3484.
The Free 2008 WAEPA Guide is now available, click on the link below to view it.
FREE2008 Life
Insurance
Guide
WAEPA Scholarship Program
The First Year of WAEPA Scholarship Program Exceeds All Expectations!
The response to the first year of the WAEPA Scholarship Program was phenomenal. Scholarship America, the program administrator, received over 500 applications. This was more than double their original estimate. Scholarship America reported that the response to the WAEPA Program was one of the highest they had seen for the first year of a scholarship program.
2007 WAEPA Annual Premium Refund
WAEPA's Board of Directors has just declared a 25% return of premium to eligible members for the 2006-2007 fiscal year. This is the eleventh return of premium since 1996, during which time WAEPA members have received over $33,000,000 in returned premiums.
New Insurance Benefits. $750,000 of Coverage Now Offered from WAEPA.
You can now select WAEPA coverage from $25,000 up to $750,000 in $25,000 increments. Click here to view all of our new plans and premium rates from $525,000 up to $750,000. Or simply click on our Online Premium Calculator.
In response to numerous requests, WAEPA is pleased to announce that effective immediately the maximum amount of coverage has been increased to $750,000! This is a 50% increase over our previous maximum benefit of $500,000.
Now more than ever WAEPA can provide the full amount of insurance coverage you need to truly protect your family!
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