FEGLI Open Season 2016

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The first week of FEGLI Open Season is off and running.  With the Insurance Open Season in full affect, it is important to lay out all the details you need to know!

  • Federal employees have the opportunity to join or increase existing coverage of their life insurance program without restrictions.
  • Open Season will continue for the entire month of September, but will not apply to retirees.
  • Insurance coverage includes basic coverage equal to an employee’s salary rounded to the nearest $1,000 plus an additional $2,000; optional $10,000 in additional coverage; an option for up to five times the employee’s salary rounded to the nearest $1,000; and optional coverage of up to $25,000 on a spouse and up to $12,5000 on each dependent child under 22 years old.
  • Coverage choices won’t come into effect until October 2017.  Premiums will not need to be paid until this time.
  • Go to www.opm.gov/forms to access the coverage election form.  Elect ALL FEGLI coverage wanted on this Open Season election form, not just additions or increases.

For further information regarding Open Season, click here!