Affordable Benefits for DOC Employees
Financial & Retirement Planning and Life Insurance for DOC Employees
Are you looking for Group Term Life Insurance for Department of Commerce employees, a policy you can count on throughout the federal service and beyond? WAEPA is the FEGLI alternative available today.
If you’ve recently joined the ranks of the Department of Commerce employees and meet a few other qualifications, you probably qualify to be a member of WAEPA – Worldwide Assurance for Employees of Public Agencies.
Across most age bands, the majority of prospective WAEPA members discover that they can obtain better coverage at superior premiums compared to FEGLI. And that’s only the beginning!
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.
As a WAEPA member, you’ll benefit from:
Group Term Life Insurance
Guaranteed Issue Life Insurance for New Employees
Guaranteed Issue Life Insurance means qualifying federal employees, including the Department of Commerce 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.
With WAEPA, Financial Wellness Planning is Simple
With a bevy of retirement and savings options, the federal service is anything but simple. Our Financial Wellness Planning will give you a head start making the right decisions to meet your needs. We work with the experts at Ernst & Young, a pioneering brand in personal finance. You’ll get informed, personalized advice direct from your own financial advisor.
At WAEPA, We Truly Care About Your Well-Being
WAEPA isn’t just insurance. We’re always developing new benefits and resources as we work with the top organizations devoted to a better federal service experience. No matter where you are in the world, you can access our webinar series on retirement planning and other vital career issues – created alongside the experts at The National Institute of Transition Planning.
Underwritten by New York Life Insurance Company, our policies come from a name you can trust. Since World War II, WAEPA has been exclusively dedicated to helping those who serve our nation to meet their needs throughout their careers and even in retirement.