What Is Federal Employees Group Life Insurance?

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    Peggy Mace
    Most of the U.S.
    Federal Employees Group Life Insurance (FEGLI) is the largest group life insurance program in the world. It was established in 1954 to provide term life insurance protection for federal employees and retirees in the United States. It comes in Basic coverage (of which you pay 2/3 and the government pays 1/3) and Optional (which can be added onto Basic at your expense).
    Answered on May 7, 2014
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