$100k Guaranteed Issue Group Term Life Insurance
Get $100k in coverage without any medical underwriting. Offer valid Monday, April 1 through Friday, June 7, 2024.
Get $100,000 in life insurance coverage — no medical exams or blood tests. Civilian Federal Employees under 50 are eligible1 for this guaranteed coverage offer. Apply online by 6/7.
Key Benefits
Exclusive Rates
On average, members who switch from FEGLI save $3003 a year.
No Lab Work Required
Guaranteed coverage without the hassle of medical exams.
Portability
Keep your coverage even if you leave
Federal service, change jobs, or retire.
$100,000 Life Insurance Rates*
Our Group Term Life Insurance premium rates are structured in 5-year age bands. Your rate will increase when you reach a new age band. Coverage automatically renews on an annual basis provided premiums are paid when due. Maximum amount of coverage begins to reduce at age 60; however premiums may not reduce.
Eligibility
WAEPA Guaranteed Issue Group Term Life Insurance is available to current and former Civilian Federal Employees. This includes non-appropriated fund (NAF) employees and U.S. Postal Service employees under the age of 501.
Be a United States citizen and less than 50 years old.
Be a new WAEPA member (existing members, spouses, and dependents are not eligible).
Apply by Friday, June 7, 2024.
Apply for $100k in coverage only (nothing more or less).
Take the next step and get $100k in coverage without any medical underwriting.
Three Easy Steps to Guaranteed Coverage
Submit an Application
Guaranteed coverage without the hassle of medical exams.
Get $100k in Coverage
Receive $100k in Group Term Life Insurance Guaranteed.
You’re Approved!
Start enjoying peace of mind and WAEPA’s member benefits.
Reliably Backed by New York Life Insurance Company
We’ve worked with New York Life Insurance Company to develop our exclusive protection for our members — and with good reason. For more than 175 years, American families have trusted New York Life to protect the financial future of those they love. It’s a company you can rely on. New York Life has received the highest financial strength ratings currently awarded to any U.S. life insurer*.
A++
A.M Best
AAA
Fitch Ratings
Aaa
Moody’s Investors Service
AA+
Standard & Poor’s
*Third Party Rating Reports as of 10/19/2023.
Additional Questions?
Visit our Guaranteed Issue Coverage FAQs or contact a representative of our Member Services Team using one of the options below.
We’re Here to Help
If you’re unsure of your coverage needs or need help with the application process, our dedicated team of specialists is available to help you.
Give Us a Call
Our team is available at (888) 679-5507, Monday through Thursday 8:30 a.m. – 6:30 p.m. or Friday 8:30 am – 5 pm ET.
Submit a Request
Fill out our contact us form with your request and we’ll get back to you.
WP-LP-100K-0922
1) To be eligible, Civilian Federal Employees must meet the following criteria:
* Be a United States citizen;
* Be less than 50 years old;
* Be a new WAEPA member (existing members, spouses, and dependents are not eligible);
* Must not have been previously declined for any WAEPA product;
* Apply before 6/7/2024
* Apply for $100k in coverage only (nothing more or less).
2) Underwritten by New York Life Insurance Company, New York, NY 10010 on Policy Form GMR.
3) Savings calculations based on the average member who switched, ages 40-44, from FEGLI to WAEPA in 2021.
*Rates current as of 3/1/2023.
**Michigan Residents: I understand that I may use a producer/agent to assist me with the completion of this application at no cost to me.