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Premium Refund Program

While premium refunds are not guaranteed each year, since 1996, WAEPA has proudly refunded over $100 Million to its members.


Based on WAEPA’s performance in the previous year, our board of directors evaluates our earnings and determines if a refund is possible. Refunds are based primarily on the claims ratio for each fiscal year vs. new business vs. the overall market performance.

Premium refunds are evaluated on a yearly basis and are primarily based on the annual claims ratio and solely on your Group Term Life Insurance policy, and not a Group Short-Term Disability Insurance policy you may have in place.

If a refund is awarded, members receive their payment in the form of a check.

Despite fluctuations, WAEPA has awarded a refund 25 of the past 26 years. When was the last time FEGLI gave you money back?

Refer a Friend

Continued growth is an important factor in the decision to continue our annual refund – as such, we encourage you to mention the benefits of WAEPA to your coworkers. Refer your friends or colleagues who work as Civilian Federal Employees and get rewarded.

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