U.S. Office of Personnel Management - Ensuring the Federal Government has an effective civilian workforce

General Information

What if I Want Optional Insurance and How Much Does it Cost?

While Basic insurance may be enough coverage for some people, many others want more protection. That's why the Federal Employees' Group Life Insurance (FEGLI) Program also offers Optional insurance: Option A-Standard, Option B-Additional, and Option C-Family. You must have or elect Basic in order to elect any Optional insurance coverage. You pay the full cost for all Optional insurance.

Enrollment in Optional insurance is not automatic. If you want Optional insurance as a new employee, you must submit a completed Life Insurance Election (SF 2817) to your local personnel office within 31 days from the date of your appointment to an eligible position. Your opportunities to enroll in Optional insurance after those 31 days are limited. See page 11.

OPTION A Standard

You may elect Option A - Standard in the amount of $10,000.

HOW MUCH DOES OPTION A COST?*

	WITHHOLDING FOR $10,000 INSURANCE
Your Age Group**	Biweekly	Monthly
Under 35	$0.30	$0.65
35 - 39	0.40	0.87
40 - 44	0.60	1.30
45 - 49	0.90	1.95
50 - 54	1.40	3.03
55 - 59	2.70	5.85
60 and over	6.00	13.00

* These are the rates through 2005. They may change in future years. For more information, see the FEGLI website at www.opm.gov/insure/life.

** For insurance withholding purposes, we assume you reach these ages on the first day of the pay period that starts after your birthday.

Previous

Next

Table Of Contents