FEGLI Comparison FAQ
What is FEGLI Option B?
Option B is Additional FEGLI insurance and can equal one to five multiples of annual basic pay after rounding pay up to the next $1,000.
Does Option B get more expensive as I get older?
Yes. OPM prices Option B in age bands, and the rates rise as you enter older bands.
Should I cancel FEGLI if private insurance is cheaper?
Not based on a quote alone. Private insurance generally requires underwriting. Keep existing coverage until any replacement is fully approved and active, and consider FEGLI features that may be difficult to replace.
Can I reduce or cancel FEGLI?
OPM states employees can generally reduce or cancel FEGLI without waiting for an Open Season, but the process and consequences should be reviewed carefully with your HR office.
Is FEGLIB.com part of the federal government?
No. FEGLIB.com is an independent insurance information and comparison resource and is not affiliated with OPM, OFEGLI or the U.S. Government.
How do I get a private comparison?
Use the Get Your Rates link. Actual coverage and premium depend on carrier underwriting and approval.