WAEPA Announces 2021 Premium Refund
Falls Church, VA., August 31, 2021: Worldwide Assurance for Employees of Public Agencies (WAEPA) is pleased to announce that a 10% premium refund has been approved by the Board of Directors.
WAEPA Members will receive a refund of their annualized premium as of December 31, 2020. WAEPA is one of the few insurance programs that provides refunds to members. The premium refund reflects positive claims performance in 2020. As a nonprofit association, WAEPA is proud to give back to its members, comprised exclusively of Civilian Federal Employees and their families.
“2021 proved to be another challenging year with the impact of the COVID-19 pandemic, but we have shown resilience and continue to push forward to serve our members,” said M. Shane Canfield, CEO of WAEPA. “We’re happy to give back to our members during a time when they may need it most.”
WAEPA’s premium refunds are not guaranteed and are based primarily on their annual claims and expense ratios. Despite constant fluctuations, WAEPA has awarded a refund in 25 of the past 26 years.
For more details on the 2021 Premium Refund Program, visit waepa.org/refund.
Worldwide Assurance for Employees of Public Agencies (WAEPA), is a nonprofit association (not an insurance company) formed For Feds, By Feds. The goal of WAEPA is to provide access to products and services that promote the health, welfare and financial well-being of its members. After more than 75 years in business, WAEPA has over 46,000 members. For more information, visit waepa.org, or give us a call at (800) 368-3484.
John Healy, Senior Outreach Specialist
Phone: (571) 800-2326