Federal Employees Group Life Insurance Program (FEGLI)
The Federal Employees Group Life Insurance (FEGLI) program provides automatic group term life insurance for all new FBI employees. The FEGLI program ensures that FBI employees will have life insurance protection both throughout their government service and into retirement.

FEGLI is divided into Basic, and three types of Optional coverages. The Basic coverage is effective immediately and remains in effect unless the employee declines it in writing. The Basic coverage is equal to an employee's basic pay (including both locality pay and availability pay for Special Agents), rounded to the next highest $1,000, plus an additional $2,000. Basic coverage automatically increases or decreases with every adjustment in an employee's salary. Employees pay 15 cents per $1,000 of Basic coverage, regardless of age. The government pays the remaining portion of the premium for Basic coverage.

Employees under the age of 45 have their Basic coverage supplemented by an additional amount in recognition of their age. For example, benefits would double for a death under age 35, pay 1.5 times the face value for a death at age 40, and no additional amount after age 45. This supplemental coverage is free of charge. In addition, Basic coverage is automatically doubled, regardless of age, if the employee dies due to an accident (whether job-related or not). Basic coverage can also provide payments in the event, while still living, the employee loses the use of his/her sight or limbs due to an accident. This accidental death and dismemberment coverage is both automatic and free of charge.

FBI employees can also choose to supplement the FEGLI Basic coverage with three Optional coverages:

• Option A provides $10,000 of additional coverage which is automatically doubled in the event of accidental death
• Option B provides additional coverage from one to five times the employee's salary, rounded to the next highest $1,000 (with no accidental death doubling)
• Option C provides life insurance on an employee's spouse and unmarried dependent children under age 22

All Optional coverages are priced according to the employee's age, and premiums increase each five years after age 35. The government does not pay any portion of an employee's Optional coverage premiums. As with Basic coverage, FEGLI Optional coverages are guaranteed, regardless of the employee's or family members' ages or medical conditions, if they are chosen when the employee comes on board—no physical exams are required.

FEGLI coverage may also be carried into retirement. From the time the employee retires on an immediate annuity until age 65, the FEGLI benefit amount remains the same as it was when the employee retired. After that, future coverage would depend on the election the employee made when he or she retired. For example, a retiree may have one quarter of his or her FEGLI Basic amount retained after age 65 for the rest of his or her life with no further premium payment.

Federal Employee Retirement System Life Insurance Benefits (FERS)
All employees first entering the government after 1984 are covered by the Federal Employees Retirement System (FERS). If a FERS-covered employee dies while still working for the government, there are benefits payable to his or her survivors. If the employee was in the government at least 18 months and is survived by a spouse, the spouse gets a lump sum of money called a Basic Employee Death Benefit (BEDB), equal to an annually-adjusted amount ($25,000 as of January 2006) plus half of the employee's final salary or half of the "high-3 average salary" (the average annual salary earned during the 36 consecutive months of federal employment that would produce the highest average) if greater. If the employee was in the government for ten years or more and is survived by a spouse, the spouse gets the BEDB plus a monthly pension called a survivor annuity. If the employee is survived by unmarried children under age 22, each of them can get a fixed monthly pension (the amount depends on the number of children and their eligibility for Social Security survivor benefits) until age 22, regardless of whether a surviving spouse also gets benefits. If the employee is not survived by either a spouse or eligible children, his or her contributions to the FERS fund are refunded to his or her eligible beneficiary.

Employee Benevolent Fund
The Employee Benevolent Fund is an FBI-sponsored insurance program that pays for a death while employed by the Bureau, whether job-related or not. The fund pays $17,500 within one workday of notification to the fund administrator of the death of the employee. The fund pays an additional $100,000 if the employee dies due to a terrorist-related incident. The cost to employees is only $1.00 per pay period.

The FBI also sponsors or participates in several life insurance programs that are only available to Special Agents.