FegliPLUS – Male

Welcome to FegliPLUS,  the unique FEGLI Option “B” comparison service for federal government employees. FegliPLUS allow you to view side by side comparisons with a wide selection of ages and health classifications.

As you can see from the chart below, whether you are age 40 in excellent health, age 50 in good health or even age 60 in average health, almost all non-smokers who can qualify should review their FEGLI Option “B” coverage!

So, how to read the chart below…..comparing $500,000  FEGLI  Option “B”.

A male, age 45 in good health….use “preferred”….is paying $912 for his FEGLI Option “B”. If you click on the $700 under age 45, preferred, it will bring up a side by side comparison with three choices.

The $500,000 FEGLI Option “B” initial $912 premium will increase every five years with a 20 year total of $53,230.

The $500,000 “Top Carrier” is our lowest guaranteed premium at $680 for a 20 year total of $13,620, a guaranteed 20 year savings of $39,660 or 74%.

The $500,000 FegliPLUS  includes “Critical Illness” and “Chronic Care” riders which generate substantial lump sum payouts for heart attack, stroke, cancer, paralysis, Parkinson’s and dementia.

This FegliPLUS only increases the annual cost to $700 with a guaranteed 20 year cost of $14,000……still a guaranteed 20 year savings of $39,280 or 74% savings compared to FEGLI Option “B”.

Underwriting Guide

FemaleMale			$500,000    FegliPLUS
		FEGLI Option B	Preferred Plus	Preferred	Select	Standard
age 40	Annual cost 20 year total Savings  .	$522 $27,300  .  .	$365 $7,300 $20,000  73%	$445 $8,900 $18,400 67%	$570 $11,400 $15,900 58%	$700 $14,000 $13,300 49%
age 45	Annual cost 20 year total Savings  .	$912 $53,230  .  .	$580 $11,600 $41,680 78%	$700 $14,000 $39,280 74%	$945 $18,900 $34,380 65%	$1,110 $22,200 $31,080 58%
age 50	Annual cost 20 year total Savings  .	$1,428 $83,820  .  .	$900 $18,000 $65,820 79%	$1,085 $21,700 $62,120 74%	$1,420 $28,400 $55,420 66%	$1,675 $33,500 $50,320 60%
age 55	Annual cost 20 year total Savings  .	$2,598 $139,080  .  .	$1,415 $28,300 $110,780 80%	$1,695 $33,900 $105,180 76%	$2,275 $45,500 $93,580 67%	$2,815 $56,300 $82,780 60%
age 60	Annual cost 20 year total Savings  .	$5,718 $243,090  .  .	$2,460 $49,200 $193,890 80%	$2,885 $57,700 $185,390 76%	$3,790 $75,800 $167,290 69%	$4,675 $93,500 $149,590 62%
age 65	Annual cost 15 year total Savings  .	$7,020 $214,500  .  .	$3,280 $49,200 $165,300 77%	$4,045 $60,675 $153,825 72%	$5,105 $76,575 $137,925 64%	$6,285 $94,275 $120,225 56%

FegliPLUS may be of even more value to older employees who are not necessarily in excellent health.

Take a look above at a male, age 60 with normal health concerns…. click on $4,675 for Standard.

The $500,000 FEGLI Option “B” initial $5,718 premium will increase every five years with a 20 year total cost of $243,090!!!

The $500,000 “Top Carrier” is our lowest guaranteed premium at $4,435 and a guaranteed 20 year total of $88,700…..a guaranteed 20 year savings of $154,390 or 63% savings when compared to FEGLI Option “B”.

The $500,000 FegliPLUS  includes “Critical Illness” and “Chronic Care” riders which generate substantial lump sum payouts for heart attack, cancer, stroke, kidney failure, MS, ALS, Alzheimer’s, dementia and a number of other dread diseases

FegliPLUS only increases the annual cost to $4,675with a guaranteed 20 year cost of only $97,300……still a guaranteed 20 year savings of $145,790 or 60% when compared to FEGLI Option “B”.

Now, with FegliPLUS, you can not only reduce your FEGLI Option “B” costs by 60-80% and save $100,000+ over 20 years, you can also provide substantial lump sum payments to protect against heart attack, cancer, stroke, kidney failure, MS, ALS, Alzheimer’s, dementia and a number of other dread diseases.

As our chart indicates, almost any healthy federal employee can save between 60-80% off their current and future FEGLI Option “B” costs.

Using the “underwriting guide” above, find the age and health class that most closely fits your personal profile and see how FegliPLUS can benefit your situation.