What Is Fegli Basic Life Insurance?
- 63333 POINTSview profilePeggy MaceMost of the U.S.FEGLI stands for Federal Employees' Group Life Insurance. It was established by the federal government in 1954. FEGLI Basis Life Insurance is the amount of group term life insurance you are automatically enrolled in when you begin your job with the federal government. You pay 2/3 of the cost and the government pays 1/3. Optional life insurance can be added to your basic policy, and you would pay the full cost of that.Answered on January 9, 2014flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.