Veterans Group Life Insurance (VGLI) vs FegliPLUS
Veterans Group Life Insurance (VGLI) is a group plan available on a guaranteed basis for those who apply within 240 days of separation.
Like other alternatives for federal employees such as WAEPA, GEBA and FEGLI Option B, Veterans Group Life Insurance (VGLI) is a group policy with increasing premiums every five years.
Veterans Group Life Insurance (VGLI) offers no discounts for a healthy lifestyle!
Smokers pay the same as non-smokers….overweight diabetics pay the same as healthy triathletes.
Women are not afforded the 30% discount available in the open market.
Why would anyone give back their underwriting credits to the insurance company?
VGLI rates continue increasing until age 75…… up to 400% in 15 years!
Finally…..Healthy federal employees can now consider FegliPLUS, a new approach to individual life insurance.
FegliPLUS not only locks in guaranteed, low cost premiums for 15, 20 or even 30 years, it now includes substantial lump sum payouts for Critical Illness and Chronic Care.
Covered conditions may include cancer, heart attack, stroke, kidney failure, blindness, Parkinson’s, paralysis, organ transplants, ALS, MS, dementia and Alzheimer’s.
These direct comparisons illustrate how FegliPLUS can reduce your premiums by 50-80%, guarantee level premiums AND level death benefits for 20 years AND include substantial lump sum coverage for Critical Illness and Chronic Care conditions.
VGLI vs FegliPLUS Comparisons
A 60 second inquiry could save you $50,000 – $100,000!
To review the VGLI program and confirm our comparisons, contact the Veterans Group Life Insurance home page.
FegliPLUS is not endorsed by or affiliated with the federal government or OPM.