FEGLI Life Insurance

Are You Paying Too Much For FEGLI Life Insurance?

Association for Government Employees

Since 1986, DAGE Association for Government Employees has been working with Federal Employees. We specialize in Government Workers Benefits, explain Federal Benefits and offer Disability Coverage, Life Insurance, Cancer Insurance, and Long-Term Care Insurance on a payroll deduction basis as supplements and alternatives to a federal employees' current benefits.

DAGE Association for Government Employees is not affiliated with the Federal Government. We offer alternatives to FEGLI and Option B coverage and approved payroll deduction / government allotment. We represent Midland National Life Insurance Company of Sioux Falls, South Dakota and American National Life Insurance Company, Galveston, Texas.

Are Federal employees paying too much for FEGLI option B - Additional Life Insurance?

FEGLI rates increase every 5 years. What may seem inexpensive today may be unaffordable when you need it most.

Save up to 73% with our Alternative to FEGLI and Option B Our premiums are guaranteed not to increase for 10, 20 or 30 years!

The Problem

Cost of coverage continually increases until age 65, then the coverage basically goes away. Basic Life can be maintained, but at a high cost.

The Solution

Many Federal Employees have found much better deals by shopping for private company term policies. Private companies only insure those who can pass the initial exam. This saves healthy people from paying higher cost for unhealthy people.

Private companies insure in blocks of time. You can purchase 5 year, 10 year, 15 year, 20 year, or 30-year level premium term life insurance policies. In many cases a 20-year term may initially cost less than the current cost of the 5-year governments FEGLI. This can save thousands of dollars after a 10 or 20 year period. Private policies usually have conversion rights to insure coverage can continue much later in life than FEGLI at age 65.

Look At What Federal Employees Can Save:

35 year-old, female preferred plus non-smoker, in good health with Option B coverage of $250,000.00 FEGLI Premium to age 64: $39,325*   Alternative 30 year, level premium to age 65: $10,421** Premium Savings: $28,904

Save Up To 73% with Our Alternative to FEGLI Option B
Premiums Guaranteed Not To Increase for 30 Years

DAGE
Association for Government Employees

PO Box 500 1400 Cedar Street Sioux Falls, South Dakota 57005 USA

(605) 582-8513 (800) 288-3098 Toll-Free (605) 582-8517 FAX

service@dage.info

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^* 2004 Federal Employees Almanac, Federal Employees News Digest, Inc page 81.

^*** The example above is based on a female, age 35, pp non-smoker. The premiums and coverage are guaranteed to remain level for the 25-30 years, depending on issue age! After the premium guarantee period, the premiums will increase annually. Coverage to 95. These premiums ate subject to change, after the guaranteed period, but can never exceed the maximum premiums. As an alternative, the policy may even be converted up to age 70 to a permanent plan of insurance (including whole life, universal live and variable life) subject to policy guidelines and premiums. ANICO Select Term (Policy Form ART07) is underwritten by American National Life Insurance Company, Galveston, Texas