As FEGLI premiums rise, especially approaching retirement, many federal employees begin to explore alternatives. Whether it’s a private policy or a strategy to reduce coverage, that shift can be a smart financial move. But it’s also where some of the most overlooked and costly life insurance mistakes tend to happen. One of the most...

Federal employees often assume their life insurance is “handled” through FEGLI, but that assumption can lead to costly mistakes over time. While the Federal Employees’ Group Life Insurance program offers convenience and guaranteed coverage, it isn’t always the most efficient or appropriate solution, especially as careers progress...