Up to $1.5 Million in Group Term Life Insurance for Civilian Feds
Why WAEPA?
As a WAEPA policyholder, you can:
- Save money on your premium,
- Get up to $1.5 million in coverage, and
- Receive additional benefits to help your family and you prepare for the future.
When you purchase insurance with WAEPA you become a WAEPA policyholder. Our policyholders are our members and as a member, you get access to exclusive rates and benefits not available to the general public.
What Makes WAEPA Different
At WAEPA, we’ve been insuring the future of civilian federal employees for more than 75 years through Group Term Life Insurance.
See why over 46,000+ Feds and their families choose WAEPA.
Save on your premium
On average, members who switched from FEGLI to WAEPA save over $300 a year.
Higher maximum coverage
Eligible WAEPA members can qualify for up to $1.5 million in Group Term Life Insurance.
Coverage for your whole family
We offer an Associate (Spouse) membership and dependent coverage for children.
Paycheck Protection
Apply for Short-Term Disability Insurance and continue to receive a payment for up to 6 months of recovery.
On average, members who switched from FEGLI to WAEPA save over $300 a year.
Explore Our Rates
WAEPA vs. FEGLI:
How do they stack up?
As a Fed looking for life insurance coverage, the two primary options you’ll encounter are WAEPA and FEGLI, each unique in both structure and offerings. While WAEPA can often provide cost savings and more member benefits, it’s important to understand both programs to make the right choice for you and your family.
| Feature | WAEPA | FEGLI |
|---|---|---|
| Maximum Coverage | $1,500,000 | Based on annual salary |
| Maximum Spouse Coverage | $500,000 | $25,000 |
| Maximum Children’s Benefits | $25,000 | $12,500 |
| Scholarship Program | ✓ | X |
| Premium Refund Program* | ✓ | X |
| Additional Accident Benefits | ✓ | ✓ |
| Common Carrier Benefit | ✓ | X |
Get Started
Whether you find yourself starting a new job, growing your family, or planning for retirement, applying for life insurance coverage with WAEPA is easy. When you’re ready, we’re here to help you find protection that fits with you and your family’s future.
Choose Your Coverage
Use our Coverage Calculator to determine the right amount of coverage for you and your family.
Apply for Coverage
Once you’ve determined your coverage amount, you can begin the application process where you’ll apply for coverage.
Become a Member
Once you become a WAEPA policyholder, you will have exclusive access to additional programs.
Exclusive Member Programs
Get More With WAEPA
We provide resources to help you in all areas of your life. Our resources include retirement support, financial planning, federal benefits, college funding, and more.
Underwritten by New York Life Insurance Company, 51 Madison Ave., New York, NY 10010 on Policy Form GMR-FACE/G-30280-0
*Group Term Life Insurance is not available in the following US Territories: American Samoa, Northern Mariana Islands, U.S. Minor Outlying Islands, Micronesia, Marshall Islands, and Palau.
**Louisiana residents please contact WAEPA Member Services at (800) 368-3484 for more information on applying for coverage.
***Benefits cannot exceed 60% of your average monthly income when combined with all other income benefits you receive from any other source. See other income benefits provision for more details. Consult a tax advisor for details around tax free disability benefits.
****STDI is not currently available in: MO, NV, OR, NH, VT, all US Territories including Puerto Rico, Guam, US Virgin Islands, etc.
*****Michigan Residents: I understand that I may use a producer/agent to assist me with the completion of this application at no cost to me.
WP-LC-0721