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Why Federal Employees Review FEGLI Coverage Before Retirement
Federal employees often receive life insurance coverage through the Federal Employees' Group Life Insurance (FEGLI) Program. Understanding how that coverage may change during retirement is an important part of federal retirement planning. FEGLI is a group term life insurance program available to eligible federal employees and retirees. source
Retirement Changes Can Affect Coverage
The choices federal employees make before retirement may impact how certain life insurance benefits continue into retirement. Understanding those options ahead of time can be helpful.
Reviewing Alternatives
Some retirees choose to compare their existing FEGLI coverage with other available life insurance options. Michael Usbelger, Federal Retirement Consultant℠ (FRC℠), helps federal employees review these considerations as part of broader retirement planning.
Planning Ahead Matters
Reviewing life insurance before retirement allows more time to understand available choices and make informed decisions.
At the end of the day, my goal isn't just to sell a policy; it's to ensure that if the unthinkable happens, the only thing your family has to worry about is healing—not where they are going to sleep at night. We don't just protect mortgages; we protect the place where your life's best memories are built.
Michael Usbelger, Infinity Life SolutionsFederal employees approaching retirement may benefit from reviewing their life insurance strategy well before their retirement date.
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