WAEPA vs. FEGLI: How do they stack up?

WAEPA's Group Term Life Insurance program can be an economical alternative or supplement to FEGLI.

WAEPA coverage costs less than FEGLI

Since World War II, Worldwide Assurance for Employees of Public Agencies (WAEPA) has been at the forefront of providing federal employees Group Term Life Insurance. However, WAEPA is not the only option out there for federal employee life insurance.

While looking for coverage, you’ve no doubt heard about FEGLI life insurance. FEGLI is the principal alternative to WAEPA for federal government civilians. To make a truly informed decision, you should know about it.

FEGLI vs WAEPA: What You Need to Know

Who Does it Cover?

Both WAEPA and FEGLI insurance cover civilian employees of the Federal government. Most Civilian Federal Employees are eligible for both programs. As a WAEPA member, you can hold WAEPA and FEGLI insurance simultaneously if you choose.

Is It Part of the Federal Government?

WAEPA is a nonprofit organization that is not affiliated with the Federal government. Founded in 1943, it is the oldest organization of its kind. FEGLI is an initiative of the federal government launched in 1954. The Office of Personnel Management provides detailed FEGLI information.

How Much Coverage is Provided?

As a WAEPA member, you may apply for up to $1.5 million in Group Term Life Insurance for yourself and up to $500,000 of coverage for your spouse. If your spouse applies as an associate member, then he or she will be eligible for coverage up to $1.5 million.

In addition, dependent children are eligible for up to $25,000 in coverage. WAEPA provides Group Term Life Insurance that will automatically renew each year, so there is never any need to reapply.

Basic FEGLI insurance coverage is based upon your Federal rate of pay. As a result, many Federal employees will find that they are eligible for significantly less coverage with FEGLI than they would be under WAEPA.

Can You Keep Your Insurance After Federal Service?

With WAEPA, you remain eligible for insurance even after you leave federal service. Not only that, but you will never have to be concerned about submitting additional health information. You can leave service any time and only need to maintain your premiums.

With FEGLI, there are several requirements to maintain your insurance after retirement.

How Do the Rates Compare?

Take a look at the actual difference in premium costs between WAEPA and FEGLI for every $1,000 of coverage you purchase using the calculator below, or you can view the Complete Life Rate Charts.

We have designed the rates under our Group Term Life Insurance policy to be attractive and competitively priced.

Maximum Benefits $1,500,000 based on annual salary
Maximum Spouse Coverage $500,000 $25,000
Maximum Children’s Benefits $25,000 $12,500
Premium Refund*
Additional Accident Benefits
Common Carrier Benefits
Family Education Benefits

Please note, that while every effort is made to provide complete and accurate information, the information about the FEGLI product was not provided by the insurer. Contact FEGLI directly for product information.

What does WAEPA provide Federal Civilian Employees that FEGLI doesn't? Click here to find out.

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  • $0
  • $0 Dependent coverage cannot exceed 50% of member coverage.
  • Total WAEPA Coverage:

    Total Bi-Weekly Premium:

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

    Chronic Illness Coverage For You:
    Chronic Illness Coverage For Your Spouse:

    Member Premium:
    Dependent Premium:
  • Calculate Savings

  • 40 Years
  • $10,000
  • Total FEGLI Coverage:

    Total Bi-Weekly Premium:

  • Basic FEGLI Coverage:
    Extra Benefit:
    Option A Coverage:
    Option B Coverage:
    Option C (Spousal) Coverage:


Our WAEPA Guides cut through the complexity and get to the heart of the matter – helping you decide what’s right for you.


Our tools and resources are here to make your decisions easier.

Ready to Apply?

Apply now and start enjoying the benefits.