GEBA vs FEGLI vs FegliPLUS

Our unique GEBA vs FEGLI vs  FegliPLUS comparison can save you 30-80%.

Federal Employee Group Life Insurance…..FEGLI Option “B”…. has long been known to be an overpriced source of optional life insurance for healthy federal employees…..

“The Government Accounting Office reported in April of 1986 that the FEGLI program is inferior to many private plans”

For many years, federal employees have sought meaningful alternatives to the FEGLI plan.

Many of these federal employees have turned to Government Employees’ Benefit Association or GEBA.

A direct comparison shows that  GEBA and FEGLI Option “B” are group plans with increasing premiums.

At age 65,  GEBA’s premiums remain level but death benefits begin decreasing  every five years.

GEBA’s premiums are frequently 10-20% lower than FEGLI Option “B”.

In addition to the increasing rates, a built in problem is the decreasing death benefit. GEBA’s death benefit drops significantly beginning at age 65 and continues to decrease every five years.

Healthy federal employees can now consider FegliPLUS, a new approach to individual life insurance.

FegliPLUS  locks in guaranteed, low cost premiums AND death benefits for15, 20 or even 30 years.

It also includes substantial lump sum payouts for Critical Illness and Chronic Care including cancer, heart attack, stroke, kidney failure, blindness, Parkinson’s, organ transplants, paralysis, ALS, MS, dementia and Alzheimer’s.

These direct comparisons illustrate how FegliPLUS can reduce your premiums by 50-80% AND guarantee level premiums AND guarantee level death benefits AND include substantial lump sum coverage for Critical Illness and Chronic Care conditions.

GEBA vs FEGLI vs FegliPLUS:

Female age 40 – Preferred

Female age 50 – Preferred

Male age 50 – Preferred

Female age 55 – Preferred

 

FegliPLUS  rates are based on a preferred rate class and could be higher or lower based on your personal profile.

Please note GEBA’s decreasing death benefit beginning at age 65

As a convenience and to verify our comparisons, please  visit  Government Employees’ Benefit Association

FegliPLUS is not associated with the federal government or endorsed by OPM