FegliPLUSis an innovative insurance program that offers additional coverage options to federal employees in the United States. It is an alternative to the Federal Employees’ Group Life Insurance (FEGLI) Option B program, designed to provide employees with more comprehensive benefits.
FegliPLUS offers an array of flexible coverage choices with guaranteed death benefits and premiums for 10-15-20 and 30 years, thus allowing federal workers to tailor their insurance plans to meet their individual needs.
One of the key features of FegliPLUS is the ability to choose additional coverage beyond the basic life insurance offered by the standard FEGLI Option B program. This supplemental coverage provides an extra layer of financial security for employees and their families.
In addition to guaranteed premiums and durations, FegliPLUS offers options for additional benefits, such as coverage for accidental death and dismemberment, and Living Benefits riders. These Living Benefits include optional lump sum payments for critical illnesses and chronic care.
Covered conditions may include heart attack, stroke, cancer, ALS, MS, Parkinson’s, paralysis, blindness, dementia and Alzheimer’s.
These expanded benefits provide federal employees with greater peace of mind, knowing that they have additional protection in the event of unforeseen circumstances.
Overall, FegliPLUS serves as a valuable insurance program for federal employees, offering enhanced coverage options beyond the standard FEGLI Option B program.
With its flexible choices and expanded benefits, FegliPLUS provides federal workers with the opportunity to customize their insurance plans to better suit their personal circumstances, reduce their guaranteed premiums by 50-80% and protect their loved ones in times of need.