The most common issue we find with Postal employees through our seminars is a lack of understanding of how their FEGLI (Federal Employees Group Life Insurance) works. The vast majority of employees don't realize how the costs increase and as a result they end up wasting hard earned money on over-priced coverage that could have been put toward retirement.
There is a lot of information surrounding your FEGLI coverage so in an attempt to give you complete information we put together the attached booklet. This booklet will give you a complete overview of how your FEGLI coverage works.
Most employees are not sure what coverage they have because they made these decisions when they became career. For those of you who need some help determining what you have please message me or email me and I can use one of the codes off of your paycheck to determine what you have and what you are paying.
As I state in my seminars across the country- if you are a healthy no-smoker at any age the FEGLI program is a rip off. I would like to put it in softer words but once you understand how it works I am confident you will feel the same.
The link below shows you how to cancel your Postal life insurance if you are interested.
Email me with any questions you may have.