WAEPA vs GEBA vs FEGLI vs FegliPLUS
A direct comparison shows that WAEPA, GEBA and FEGLI Option B are all group plans with increasing premiums every five years until age 65, when GEBA’s rates remain level but death benefits begin decreasing by up to 50% every five years.
These WAEPA and GEBA rate increases can be as much as 400% in only 15 years!
FEGLI Option B rates can increase up to 500% in 15 years!
In addition to the increasing rates every five years, a built in problem with WAEPA and GEBA is the decreasing death benefit…..the death benefits drops significantly beginning at age 60 or 65 and continues to decrease every five years.
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, organ transplants, ALS, MS, dementia and Alzheimer’s.
These direct comparisons, which include WAEPA’s new 50% Chronic Care rider, illustrate how FegliPLUS can reduce your premiums by 50-80%, guarantee level rates AND level death benefits for 20 years AND include substantial lump sum coverage for Critical Illness and Chronic Care conditions.
WAEPA vs GEBA vs FEGLI vs FegliPLUS
- Female age 45 – Preferred
- Male age 45 – Preferred
- Female age 50 – Preferred
- Male age 50 – Preferred
- Female age 55 – Preferred
- Male age 55 – Preferred
- Female age 60 – Preferred
- Male age 60 – Preferred
A 60 second inquiry could save you $100,000!
One client actually saved $560,000!