Dedicated to Civilian Federal Employees since 1943

Dedicated to Civilian Federal Employees since 1943

Help Protect the Future of Those You Love

See how affordable WAEPA sponsored Term Life Insurance can be.

Group Term Life Insurance for Federal Employees

When it comes to protecting those you love, few options are as dependable as life insurance. As a WAEPA member, you have access to exclusive coverage not available to the general public. Whether you’re looking for first time coverage or to supplement existing coverage, consider WAEPA Group Term Life Insurance underwritten by New York Life Insurance Company.

Your Coverage is portable.

Unlike insurance an employer provides, you won’t lose this coverage if you change jobs or retire. Life insurance coverage from WAEPA is yours to keep, even if you stop working for the federal government.

Take advantage of these benefits.

  • from $25,000 to $1.5 million in coverage for eligible members
  • affordable rates exclusively for WAEPA members
  • coverage for you, your spouse, and children
  •  living benefits can give you access to your benefits, if you become terminally ill
  • additional benefits for accidents
  • education benefits for your children
  • spouse retraining benefit
  • 30-day free look period to examine your policy
  • must be under age 70 at the time of application; coverage is available until age 85.

Plus!  Optional Chronic Illness Rider Benefit

Add this valuable “living benefit” to your life insurance.  And if you become permanently chronically ill,* you’ll be able to use part of your benefits to help with your expenses.  It’s an easy and economical way to help protect yourself from the financial hardship a chronic illness can cause.  And it’s available to members and their spouses under age 65.

*Chronic illness means the permanent inability to perform 2 out of 6 activities of daily living (bathing, continence, dressing, eating, toileting and transferring); or a permanent severe cognitive impairment requiring substantial supervision.”

**The following states are not eligible for CIR: CT, ID, LA, MN, MT, NC, OH, SD, UT, WA

Here’s how it works:

Select this option when you apply for life insurance.  And you’ll be able to access up to 50% of your policy’s face amount, if diagnosed with a permanent chronic illness.  As much as $500,000 can be paid to you over four years ... in tax-free annual installments.**  This money will be paid directly to you to use as you see fit. That could be to help with medical costs, ongoing living expenses, or to replace lost income.  There’s an additional charge for this rider, and you must sign up at the same time you apply for benefits. See rates.

** Receipt of the accelerated benefit may be taxable. Consult with your personal tax advisor.

Find your affordable rate here.

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  • Current 2018 Premium Calculator

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    Dependent coverage shown is only for a spouse.  Children under 19, or up to age 26 are eligible to be added to the policy at no additional cost.  Their coverage is dependent upon the spousal coverage amount.
    Dependent coverage cannot exceed 50% of member coverage.
  • Total WAEPA Coverage for You & Your Dependents:

    Total Bi-Weekly Premium:

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  • Coverage For You:
    Coverage For Your Spouse:
    (Dependent coverage for your children is based on your spouse's coverage)

    Member Premium:
    Dependent Premium:

WAEPA members have two ways to purchase life insurance coverage for family members.

Dependents can be added to your insurance policy.

Cover your eligible spouse and your dependent children under your own insurance certificate.

Dependent Children under the age of 19, or up to age 26 if they are unmarried, and primarily supported by you are eligible for up to 50% of your coverage amount.

Coverage Amounts:

Spouse - $10,000 to $500,000 of coverage
Children - $1,000 to $25,000 of coverage

Chronic Illness Rider

An economical way to help protect yourself from the financial hardship a chronic illness may cause.

Spouses can join WAEPA – and get their own coverage.

Your eligible spouse can join WAEPA as an Associate Member...and apply for up to $1.5million in benefits, just like any other member of WAEPA.

Associate members must be age 18 or older, and less than age 70 at time of application, and must possess U.S. citizenship. Full-time members of the Armed Forces are not eligible for Associate Membership.

Coverage Amounts:

$25,000 to $1.5million of coverage

Join WAEPA Today!

Cut costs and add coverage with WAEPA.


Can't find answers to your questions? Check out our FAQ page!

Enhance your policy with a Chronic Illness Rider and help protect yourself from financial hardship.

Here’s how benefits on a $500,000 on a Chronic Illness Rider benefit can be paid.

† Benefits used for chronic care decrease the amount available to beneficiaries upon the insured’s death.


Chronic Illness Rider (CIR)

This is a life insurance benefit that also gives you the option to accelerate some of the death benefit in the event that you are certified with a chronic illness as described in the certificate.

IMPORTANT NOTICE: This rider is not intended to be a federally tax-qualified long-term care insurance contract under Internal Revenue Code (IRC) Section 7702B. Therefore, the premiums payable for this rider do not qualify as long-term care insurance premiums and are not deductible from gross income for federal income tax purposes. This rider, however, is subject to the federal per diem limits set forth in IRC Section 7702B. Under this rider, New York Life will not pay claimants more than the federal per diem limits. Assuming the amount you receive in the aggregate from all applicable policies does not exceed the federal per diem limits set forth in IRC Section 7702B, the benefits provided by the Chronic Illness Rider are intended to be excludable from federal gross income under Section 101 (g) of the IRC.

Receipt of an accelerated death benefit may affect eligibility for Medicaid or other government benefits or entitlements and may have income tax consequences. Accelerating benefits before applying for these programs, or while you are receiving government benefits, may affect your initial or continued eligibility. Clients can contact the appropriate social service agency (e.g., the Medicaid Unit of your local Department of Public Welfare or the Social Security Administration Office) for more information.


Underwritten By


New York Life Insurance Company

51 Madison Ave.
New York, NY 10010

NAIC #66915
On Policy Form GMR-FACE/G-30280-0

New York Life is domiciled in the state of New York and is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada.

Ready to Apply?

Not a WAEPA member? Apply now and start enjoying the benefits.