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Federal Government Life Insurance. The fegli regulations are in title 5 of the code of federal Service members and veterans group life insurance;
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The federal government established the federal employees' group life insurance (fegli) program in 1954 to provide group term life insurance. Insuranceopedia explains federal government insurance. The program was closed to all new issues on april 25, 1951.
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Basic life insurance is equal to the actual rate of annual basic pay (rounded to the next $1,000) plus $2,000, or $10,000, whichever is greater. See how the life insurance carried into retirement will change over time. Insuranceopedia explains federal government insurance. Fegli can help you meet your life insurance needs.