Affordable Benefits for USPS Employees
Financial & Retirement Planning and Life Insurance for USPS Employees
Are you a civilian employee of United States Postal Service under the age of 70? If so, you may qualify for Group Term Life Insurance and other benefits from WAEPA. When considering the ideal Group Term Life Insurance for USPS employees, you have options. Since World War II, WAEPA has helped federal civilian employees access the top FEGLI alternative benefits package. At most age bands, our members’ premiums are simply better than FEGLI.
WAEPA – Worldwide Assurance for Employees of Public Agencies – is a nonprofit organization that was originally established in 1943. Since 1973, WAEPA has provided Group Term Life Insurance and a variety of other valuable services to all civilians within the U.S. federal government.
As a WAEPA member, you’ll receive all the following benefits:
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 spouses and children.
Guaranteed Issue Life Insurance for New Employees
Guaranteed Issue Life Insurance means qualifying federal employees, including USPS 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, 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.
No matter what life insurance option you pursue, we want you to have the chance to make an informed decision. View our online life insurance calculators to get complete details on potential benefits and premiums. You’ll see why tens of thousands of federal personnel choose WAEPA.
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.