Which is better FEGLI or WAEPA?
WAEPA provides higher maximum coverage amounts and can often save you money compared to FEGLI.
Can I have WAEPA and FEGLI?
Can I Carry Both FEGLI and WAEPA Coverage? Yes. When you become a WAEPA member, you can hold both coverage policies simultaneously if you choose. WAEPA is an independent, non-profit organization that's not affiliated with the federal government.
How long is WAEPA term life insurance?
WAEPA's newest product provides paycheck protection for eligible illnesses or injuries. You can receive up to $6,500 in coverage a month for up to six months to replace lost income if you're out of work due to recovery. We understand that navigating insurance can be complex.
How do I cancel WAEPA?
This can be done either by phone at (800) 368-3484 or by email at [email protected]. To cancel your policy or reduce the coverage amount, click here to submit your request or contact us at (800) 368-3484. They must complete a membership form and submit a one-time membership fee.
What does WAEPA cover?
WAEPA offers affordable Group Term Life Insurance coverage exclusively for Civilian Federal Employees. You can enhance your coverage with a Chronic Illness Rider to help cover unexpected chronic illness costs. WAEPA's newest product provides paycheck protection for eligible illnesses or injuries.
Which is better WAEPA or FEGLI?
WAEPA provides higher maximum coverage amounts and can often save you money compared to FEGLI.
Does WAEPA require a medical exam?
When you apply for Guaranteed Issue Group Term Life Insurance coverage through WAEPA, you cannot be declined and no medical exams are required. To be eligible, Civilian Federal Employees must: Be a United States citizen.
Can you have FEGLI WAEPA?
Can I Carry Both FEGLI and WAEPA Coverage? Yes. When you become a WAEPA member, you can hold both coverage policies simultaneously if you choose. WAEPA is an independent, non-profit organization that's not affiliated with the federal government.