Premium Refund for Federal Employes!
WAEPA, a non-profit association dedicated exclusively to serving federal employees and their families, has once again declared a premium refund as a result of its continuing growth in policyholders and its strong financial position:
- 25 percent life insurance premium refund for WAEPA policyholders
- Sixteenth annual premium refund since 1996 - over $65 million in refunds
- WAEPA policyholders received over $7 million in refunds during September 2012 alone
- How many refunds have you received from FEGLI? If you answered none, you would be correct.
WAEPA also offers Lower Premium Rates!
- Besides Premium Refunds, WAEPA also offers federal employees significantly lower premium rates than FEGLI (as much as 89 percent less)
- Plus, WAEPA has just recently reduced premiums for federal employees under the age of 40
- WAEPA also offers less expensive coverage for your spouse and dependent children (as much as 43 percent less)
- Visit the WAEPA Online Savings Calculator to see how much YOU can save!
WAEPA also offers you and your family more choices!
- Higher coverage limits ($25,000 up to $750,000) than FEGLI. FEGLI Basic coverage is determined by your annual pay.
- More coverage for your dependents - up to $250,000 for your spouse. The FEGLI maximum is $25,000.
- Coverage ($25,000 to $750,000) for your non-dependent adult children. A benefit not offered by FEGLI.
As a WAEPA poilcyholder...
- You will be eligible for future WAEPA annual premium refunds.
- Your WAEPA coverage will not change if you leave government service.
- Your children will be eligible to apply for WAEPA's College Scholarship Program - over $165,000 in annual awards.
The Bottom Line is that...
...WAEPA enables federal employees, and their families, to purchase better life insurance at far better prices. As a supervior alternative, or supplement to FEGLI, WAEPA gives its members more coverage, more benefits and greater flexibility - yet costs much less.
Start Saving Today! (And Become Eligible for Future WAEPA Premium Refunds)
- It's easy to apply - just submit an online application.
- Call 1-800-368-3484 to speak with a Customer Services Representative. As a non-profit association, WAEPA does not use agents or telemarketers.