When Is Open Season For Federal Life Insurance?

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   Samuel Smith

   Enrolled Agent-licensed to practice before the IRS, Samuel N Smith, EA, South Carolina

   You can change your coverage only when you have a "life event" which includes marriage, divorce, death of a spouse, or adoption of an eligible child. During this "life event, you can enroll or increase coverage in Basic, Option A, up to five multiples of Option B, and/or upp to five multiples of Option C. You must submit an SF2817 to your human resources office within 60 days after the life event. The last "open season" was in 2004 and none are scheduled

   Answered on November 24, 2013

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