Posts tagged Death Benefit
Timing the FEGLI

When It’s Best To Be Part of & To Stand Out From The Masses

When looking at the FEGLI there are 3 main factors in evaluating whether or not it is still the best option for coverage at this point in your life/career.  The first is your ability to qualify through the underwriting process for individual protection – generally determined by the combination of your age, health, and lifestyle habits (smoking, home-made-parachute skydiving etc).  The second is the time horizon for your protection needs - eventually the vast majority of Feds will be priced out of the FEGLI coverage (usually in their 50’s and 60’s).  The third factor is in determining what you want/need your life insurance to protect you from…

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