WAEPA vs. FEGLI:
Why 50,000+ Feds Choose WAEPA
Compare WAEPA vs. FEGLI
| Feature | WAEPA | FEGLI |
|---|---|---|
| Maximum Coverage | $1,500,000 | Based on annual salary |
| Maximum Spouse Coverage | $500,000 | $25,000 |
| Maximum Children’s Benefits | $25,000 | $12,500 |
| Scholarship Program | ✓ | X |
| Premium Refund Program* | ✓ | X |
| Additional Accident Benefits | ✓ | ✓ |
| Common Carrier Benefit | ✓ | X |
On average, members who switched from FEGLI to WAEPA save over $300 a year.
Explore Our Rates
How much could I save?
It depends on the coverage amount you’re looking for, your salary, and your age. Unlike FEGLI, WAEPA’s coverage amounts are not capped by your salary.
Can I get double the coverage?
Yes! Most Feds are eligible for both programs — and you can even hold coverage from both simultaneously.
See if WAEPA is Right for You
As a Fed looking for life insurance coverage, the two primary options you have are WAEPA and FEGLI. It’s important to understand both options to make the right choice for you and your family.
Can I keep my coverage if I leave Federal Service?
Yes! WAEPA’s coverage is portable. It can go with you when you leave the Federal government.
As a WAEPA member
- You can keep coverage if you leave your federal employer
- No matter what the reason, you can take it with you
With FEGLI, you must remain insured for five consecutive years prior to retirement to continue coverage.
What’s my maximum coverage?
WAEPA provides up to $1.5 million in coverage
- Eligible WAEPA members can qualify for up to $1.5 million in Group Term Life Insurance
- Associate members can also qualify for up to $1.5 million in Group Term Life Insurance
FEGLI’s coverage amount varies based on your Federal salary and is capped at 5x your salary.
Can I get coverage for my whole family?
Yes! WAEPA provides spouse and dependent coverage. We also provide an associate (spouse) membership with additional maximums and benefits.
WAEPA offers:
- Associate (spouse) membership eligible for up to $1.5 million in Group Term Life benefits and $6,500 in Short-Term Disability benefits
- Dependent spouse plan eligibility up to $500,000 in coverage
- Dependent children plan eligible for up to $25,000 in coverage
With FEGLI, Dependent spouses are only eligible for up to $25,000 in coverage and $12,500 in children’s benefits.
What additional benefits do I get if I become a WAEPA member?
There’s a lot of great benefits to being a member – great coverage, exclusive rates, and access to our member programs:
Calculate Your Rate
Complete each field to learn about the premium cost differences between WAEPA and FEGLI for every $25,000 of coverage you purchase. Reach out to our Member Services team at (800) 368-3484 to talk through your personalized options.
FEGLI Option C – when this option is selected, the example will show coverage amounts for one spouse and one child times the multiplier amount selected (1-5). With a multiplier of one, spouses add $5,000 and each dependent child adds $2,500 to the total FEGLI coverage displayed. The calculator does not include coverage amount for additional children.
