WAEPA now offers Civilian Federal Employees a “Living Benefit” to Help Pay for High Costs of Chronic Illness
Update: 3 Feb 2020
WAEPA, a non-profit provider of Group Term Life Insurance to Civilian Federal Employees, announced it is now providing a Chronic Illness Rider benefit to help members pay the potentially high costs associated with a chronic illness.
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Disclaimers
*Chronic illness means an illness in which the insured member or insured spouse is either 1) permanently unable to perform any two of the following activities of daily living (bathing, continence, dressing, eating, toileting, and transferring); or 2) requiring substantial supervision to protect the insured member or insured spouse from threats to health and safety due to a permanent severe cognitive impairment.
**Individual independent rating agency commentary as of 8/1/17.