Life Insurance and Benefits for VA Employees
The Department of Veteran Affairs serves a growing community of America’s heroes. Now, WAEPA is proud to give back to those who help our veterans. Group Term Life Insurance for Department of Veteran Affairs employees is finally available on your terms.
WAEPA – World Assurance for Employees of Public Agencies – has been providing excellence in life insurance and related services since World War II. If you are considering joining us, you are likely to find you’ll get better premiums than would be available to you from FEGLI.
Throughout our history, we’ve provided insurance access to more than 100,000 federal workers and their dependents. Our current membership stands at more than 44,000 – and Department of Veteran Affairs employees are eligible to enjoy all that we have to offer.
As a WAEPA member, you’ll benefit from:
Group Term Life Insurance
Group Term Life Insurance from WAEPA provides up to $1.5 million in coverage for eligible members, which will not be lost if you change jobs or retire – even after leaving the federal government. An eligible member’s coverage also extends to spouse and children. Compared to FEGLI, WAEPA provides lower costs and premiums for members across several age groups.
Guaranteed Issue Life Insurance for New Employees
Guaranteed Issue Life Insurance means qualifying federal employees, including Department of Veteran Affairs employees, cannot be turned down coverage for up to $100,000 within their first year of hire. If you qualify for this offer, you do not need to submit medical documentation or other complex paperwork to access your benefits. An applicant must simply be a U.S. citizen under age 70 applying within one year of first-time, non-military government hire.
Financial Wellness Planning Makes it Easier to See Your Financial Future
With a dizzying array of different options to choose from, members of the federal service have often been challenged to make the right choices when it comes to savings, retirement, and more. WAEPA works side by side with financial planning pros at Ernst & Young so you’ll get sound, personalized financial wellness planning. It’s never been easier to craft a financial strategy.
Federal Employee Benefits and Resources Like Nothing Else Out There
WAEPA understands the unique challenges that come from the exciting world of federal service. Our benefits and resources are steadily evolving. As a WAEPA member, you have one-touch access to a full library of information on financial planning. That includes a convenient archive of webinars produced by the National Institute of Transition Planning, Inc.
If you want to learn more about what your benefits might look like with WAEPA, simply try out our insurance calculators. If you have further questions, you are always welcome to contact us directly.
We make it easy to get started with life insurance that truly meets your needs. Apply online today, and you’ll be on your way with WAEPA.