Affordable Life Insurance Plans for FDIC Employees

Whether they know it or not, virtually every American adult who uses the modern financial system has the Federal Deposit Insurance Corporation to thank for the stability and security they enjoy. Through its efforts to insure bank deposits, FDIC makes a difference for everyone in America.

Now, it’s time for FDIC personnel to think about a different kind of insurance: Life insurance.

Federal Deposit Insurance Corporation employees understand insurance, and life insurance can give you peace of mind like nothing else. With WAEPA, you’ll know your loved ones are taken care of in the event you pass away in a covered event at home or abroad.

Since back in World War II, WAEPA has been delivering the most trusted and respected life insurance for Federal Deposit Insurance Corporation employees. Federal service can take you places, so your benefits are accessible quickly, easily, and all around the world.

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 46,000 – and employees of the FDIC are eligible to enjoy all that we have to offer.

As a WAEPA member, you’ll benefit from:

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 means qualifying federal employees, including FDIC 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 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.

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.

We know your time is valuable, which is why our online application is intended to be simple. For questions or concerns, contact us.