FederalRetirementExperts.com Compares FEGLI with Private Term Life Insurance
San Diego, CA (PRWEB) July 22, 2013 -- FederalRetirementExperts.com was launched as a resource for every federal employee to help them understand their federal benefits options both while in service and in retirement.
FederalRetirementExperts.com released a post this week titled “Federal Employees’ Group Life Insurance – FEGLI” to teach federal and postal employees on how the majority of federal workers are over paying for life insurance coverage though the Federal Employees’ Group Life Insurance – FEGLI Option B.
“If you are a 45 year old male and have $250,000 of FEGLI Option B coverage it will cost you $88,400 in premium payments to keep that coverage till age 75. By comparison a 45 year old male in average health can secure $250,000 in coverage till age 75 on the private market for $19,860 that is a cost savings of $68,540!” stated by Matthew Loughran, from http://www.FederalRetirementExperts.com.
Feel free to read the rest of this article titled “Federal Employees' Group Life Insurance FEGLI” for more information; as well as contact a federal retirement advisor for questions on strategies to save money on FEGLI Option B and winning strategies with your TSP by visiting http://www.federalretirementexperts.com
About FederalRetirementExperts.com
FederalRetirementExperts.com exists as a free service for all federal employees to better understand their benefits options both while in service and in retirement. OPM is not trained or licensed to provide advice when it comes to the private sector. Find free information and expert advice at http://www.federalretirementexperts.com
Marketing Department, Federal Retirment Experts, http://www.federalretirementexperts.com, 800-299-5832, [email protected]
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