FederalRetirementExperts.com Compares FEGLI Option B Rates vs Private Life Insurance Rates

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FederalRetirementExperts.com, a federal employee benefits resource specializing in teaching federal employees about their TSP, FEGLI, FERS, FERS Supplement, CSRS and CSRS Offset introduced a new article titled “FEGLI Option B Rates Vs Private Life Insurance Rates”.

Federal Retirement Experts

A permanent life insurance option on the private market not only will guarantee the beneficiary will receive their death benefit but it will also build cash value for the federal employee if they need to borrow against it in an emergency.

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 “FEGLI Option B Rates Vs Private Life Insurance Rates” to educate federal and postal employees on how to save thousands on life insurance with private sector options vs FEGLI Option B.    

“The FEGLI Option B policy is a term life policy so it does not build any cash value and the policy does not guarantee your loved ones will receive a death benefit. The federal employee is hedging their bets to see if they pass away during the allotted time period, if they do then their family will receive the death benefit. A permanent life insurance option on the private market not only will guarantee the beneficiary will receive their death benefit but it will also build cash value for the federal employee if they need to borrow against it in an emergency,” stated by Matthew Loughran, from http://www.FederalRetirementExperts.com.

Feel free to read the rest of this article titled “FEGLI Option B Rates Vs Private Life Insurance Rates” for more information; as well as contact a benefit advisor for questions on strategies to save money on FEGLI Option B and how to guarantee income for life with a TSP Rollover 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

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