Life Insurance and Benefits for FBI Employees
The FBI is one of our nation’s most important law enforcement agencies.
Whether working with the Treasury Department to stamp out counterfeiting, investigating crimes across state lines or utilizing the latest forensic and encryption technology, everybody counts – from field agents to office managers and analysts.
WAEPA – Worldwide Assurance for Employees of Public Agencies – is a nonprofit organization founded in 1943 to serve the unique needs of federal employees. Since 1973, all federal civilians have been eligible for our services, including FBI employees.
WAEPA is a popular FEGLI alternative available and provides competitive benefits for lower premiums for our members across many age categories. WAEPA members are permitted to retain their Group Term Life Insurance even if they change jobs or retire from the federal service.
Members can benefit from all these leading services:
Group Term Life Insurance
Group 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.
Guaranteed Issue Life Insurance
Guaranteed Issue Life Insurance means qualifying federal employees, including FBI 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
The complexities of financial planning in the federal service can be daunting. We make it easier to navigate through world-class services exclusively for federal employees. We have partnered with the recognized financial experts at Ernst & Young to deliver unparalleled insights for savings and retirement. All planning services are entirely personalized to your needs.
Other Benefits and Resources
We are always expanding our unique roster of federal employee resources. Our partnership with the National Institute of Transition Planning empowers us to develop a spectrum of convenient webinars on financial planning and retirement topics.
Many of our tools are available directly from the convenience of your home without having to set an appointment or speak to a representative. For example, you can access our life insurance calculators any time.
Qualifying New FBI Employees Can Get Started with WAEPA Today
To apply for WAEPA Group Term Life Insurance, you must be a new FBI employee who is a United States citizen under the age of 70 applying within one year of first-time, non-military hire within the federal government. Our 30-day “free look” period allows you to evaluate your Group Term Life Insurance and other benefits at no risk. Our staff will be glad to help you with any of your needs: WAEPA is a nonprofit by and for federal government employees that upholds the highest standards.
To get started, apply now.