Federal Employees Group Life Insurance (fegli)
Definition of "Federal employees group life insurance (fegli)"
Plan administered through a primary private life insurer and reinsured through other private life insurers, providing a death benefit equal to:
- one year's salary for active employees at least age 45 until they reach age 65;
- two years' salary for active employees age 35 and under.
Popular Insurance Terms
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Extension of coverage available under the Standard Fire Policy. The standard policy only covers the perils of fire and lightning. The endorsement covers riot, riot attending a strike, civil ...
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