WAEPA, For Feds, For 80 Years
At Worldwide Assurance for Employees of Public Agencies (WAEPA), we’ve provided Civilian Federal Employees and their loved ones with dependable life insurance since 1943. While times have changed, our mission to promote the health, welfare, and financial well-being of our members has remained the same.
We are honored to celebrate 80 years of service and look forward to the next 80 years.
A Walk Through WAEPA’s History
Our Mission Begins
War Agencies Employees Protective Association (WAEPA) emerged as an affordable life insurance provider for civilian federal employees serving in war zones during World War 2. These Feds were offered up to $10,000 coverage, based on salary.
Lauchlin Currie Serves as WAEPA’s First President
Currie was named the White House economist under Franklin Delano Roosevelt. He also served as the Deputy Administrator for the Foreign Economic Administration. It was during this time at the FEA that he became a founding member of WAEPA, known then as the War Agencies Employees Protective Administrations. Currie served as WAEPA’s first president from May 1943 until June 1945.
Premium Refunds Launched
Insured members received WAEPA’s first premium refund.
AD&D Coverage Offered
Members were provided $10,000 Accidental Death & Dismemberment (AD&D) coverage for free.
Retirees Received Coverage
Retired members benefitted from insurance coverage.
For Feds and Families
Optional dependent coverage was offered.
We Are WAEPA
War Agencies Employees Protective Association is simply renamed to WAEPA.
Coverage Amounts Increased
WAEPA introduced new group term plans for life insurance, providing up to $300,000 in life insurance for members and up to $100,000 in life insurance for spouses.
Couples Covered Longer
Coverage for members and their spouses was extended to age 75.
More Premiums in Pockets
Premiums were reduced for members age 45 through 59.
Here for Longer
Member coverage was extended from age 75 to age 80.
Premiums Reduced Again
Premiums were reduced for members ages 40 through 74.
Love Birds for Life
WAEPA furthered its protection to members’ and U.S. Government employees’ loved ones by offering spousal coverage.
Coverage Increased Again
Group Term Life Insurance coverage amount increased to $500,000 for members and up to $250,000 for spouses.
Protection for New Feds
Protection with Guaranteed Issue coverage was offered to newly hired federal employees.
New Coverage Milestone
Group Term Life Insurance coverage amount grew to $750,000.
Invested in Education
WAEPA launched its Scholarship Program to financially support insured members’ children.
Insurance Rates Reduced
All members under age 40 benefitted from reduced rates.
World-Class Resources for Federal Employees
WAEPA partnered with the National Institute of Transition Planning (NITP) to host educational webinars for federal employees wanting to learn more about financial and retirement planning.
Reduced Rates Expand
All members age 40 and over benefitted from reduced rates.
Welcoming New York Life
New York Life Insurance Company became the sole underwriters for WAEPA Group Term Life Insurance*. With the change, coverage limits grew from $750,000 to $1.5 million for members and up to $500,000 for spouses.
Financial Wellness with Ernst & Young
WAEPA partnered with Ernst & Young (EY) to provide a Financial Wellness Planning program to members.
Our Group Gathered
WAEPA hosted its first Member Meeting in Washington, D.C.
Living Benefits Launched
Chronic Illness Rider (CIR) Introduced to membership.
Protection for Furloughed Feds
Premiums waived for all members during the historic government furlough.
Paycheck Protection Launched
Group Short-Term Disability Insurance introduced to membership.
Rates Are Reduced
Premiums lowered across multiple age bands and coverage amounts.
Quick Decision Group Term Life Insurance
WAEPA adds Quick Decision to the application process, greatly speeding up the underwriting process.
Expanding Our Membership
WAEPA’s coverage offered to both current and former Civilian Federal Employees.
Meet the People of WAEPA
Kevin’s Federal Government career features a range of experience with the U.S. Office of Personnel Management, U.S. Small Business Administration, and U.S. Department of Commerce.
Kevin has spent 25 years building his career with the federal government, currently working with the U.S. Department of Housing and Urban Development.
Gregg’s federal career includes leadership roles in budget, finance, and human resources before joining the Department of Health and Human Services Office of Inspector General.
James has spent nearly three decades building his career with the Federal government at USDA and the Bureau of Engraving and Printing.
Tia is the Chief Human Capitol Officer for the Centers for Medicare and Medicaid Services and previously served in roles with OPM and the Dept of VA.
Lamar’s career as a Civilian Federal Employee began in 2002 with the Transportation Security Administration. He joined the U.S. Commodity Futures Trading Commission
in 2005 until his retirement in 2022.
Douglas’ 27-year-long career in the Federal space includes his experience at the Occupational Safety and Health Administration as well as the Federal Labor Relations Authority.
Eric is an active-duty veteran of the United States Air Force and a Senior Executive Service civil servant with over 23 years of combined federal service.
Winona has over 18 years of experience in leadership at the federal, state, and local levels, with most of her career spent with USDA.
Joel served in various leadership roles during his more than 32 years of government service, most recently with the Employee Benefits Security Administration until his retirement.
Jean is a distinguished Licensed Registered Nurse, SES professional, and published author who currently works for the Center for Clinical Standards and Quality at the Centers for Medicare and Medicaid Services.
Paul’s extensive career with the Naval Facilities Engineering Command has taken him all across the world.
Emily is the Assistant General Counsel for Enforcement at DOE. During her federal career, she has served as Director of Civil Rights within USDA and as Assistant Chief Counsel at DOT and DHS.
M. Shane Canfield brings more than 25 years of experience in insurance and non-profit leadership to WAEPA. In his role as WAEPA CEO, Shane is responsible for strategic planning and leadership, managing stakeholder relationships, and serving our Board of Directors in organizational oversight.
Laurie Lee brings more than 25 years of executive-level experience in strategic planning and leadership. She joined WAEPA in 2019 after serving as CFO in the nonprofit sector for nearly two decades. Her expertise is in the development and execution of management strategy, leading financial operations, and streamlining financial procedures to create the best business practices.
Stacy Outlaw is an award-winning marketing executive, bringing over two decades of experience to WAEPA. She specializes in new product development, brand strategy, and digital transformation. She joined WAEPA in 2017, after working in the corporate and nonprofit sectors.
Underwritten by New York Life Insurance Company, 51 Madison Ave., New York, NY 10010 on Policy Form GMR-FACE/G-30280-0
*Group Term Life Insurance is not available in the following US Territories: American Samoa, Northern Mariana Islands, U.S. Minor Outlying Islands, Micronesia, Marshall Islands, and Palau.
**Louisiana residents please contact WAEPA Member Services at (800) 368-3484 for more information on applying for coverage.
***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.