WAEPA vs. FEGLI:
Frequently Asked Questions (FAQ)


Why are your rates less than Federal Employees
Group Life Insurance (FEGLI) rates?
WAEPA is a non-profit association that does not pay commissions
to agents or dividends to stockholders. These savings are passed
on to WAEPA members who are part of a select group.

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How do WAEPA rates compare to FEGLI?
In almost all cases, WAEPA rates are significantly less than FEGLI rates.

Please view our WAEPA vs. FEGLI  Rate Comparison page.

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How do WAEPA benefits compare to FEGLI?
WAEPA offers more benefits and coverage than FEGLI.

Please view our WAEPA vs. FEGLI  Benefit Comparison page.

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Does WAEPA have an Open Season like FEGLI?
WAEPA does not have an Open Season like FEGLI
because with WAEPA you can join or make changes at any time.

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Would my spouse get better insurance by joining WAEPA?
Yes, in almost all cases, WAEPA's rates are significantly less than Federal Employees' Group Life Insurance's (FEGLI) rates. While at the same time WAEPA offers more benefits and coverage than FEGLI. Your spouse could be covered as a Dependent under your WAEPA Certificate, restricted to no more then 50% of your coverage, with a maximum of $250,000, and rates are based on your; the Member's age.

OR
Your spouse may be covered as an Associate Member. As an Associate Member there is no coverage restriction. Your spouse may apply to our Member maximum of $750,000 and, in this case, the rates would be based on your spouse's age on the Member Rates Chart (link to chart here!).

Adult children, parents and parents-in-law are eligible to apply for Associate Membership coverage, too!

An Associate Member is a full fledged Member with all of the same rights and privileges as a Member who gained their eligibility from federal service. Similar to a credit union, once a person becomes a WAEPA Member they can pass Associate Membership to their respective spouse, children or parents. You just need to join WAEPA, as a federal, civilian employee, to gain this opportunity for your family!

Please view our WAEPA vs. FEGLI  Rate Comparison page.
Please view our WAEPA vs. FEGLI  Benefit Comparison page.

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I currently have FEGLI coverage, but don't know the amount of coverage. Do you know what the FEGLI codes mean?
The FEGLI codes are detailed on their website and can be viewed by clicking on this URL.
FEGLI CODES   - http://www.opm.gov/insure/life/handbook/sf50tbl.asp
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Your website indicates that premiums are cheaper than the Fed. employees life insurance. What happens after age 60? Are your rates highter? How does this work in conjunction with coverage reductions based upon age?
Our rates change in 5 year increments and the maximum amount of coverage available begins to reduce starting at age 60. To view our complete list of rates for all ages and amounts of coverage available:

Please view our WAEPA vs. FEGLI  Rate Comparison page.

The rate comparisons vary drastically based on the options you have with FEGLI. The best way to compare is to enter your comparison information here:

Premium Comparison Calculator - www.waepa.org/01_Premium_Comparison.asp

This will give you the tailor fit answer for your exact needs.
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