Group Term Life Insurance Rates
Rates Designed for the Federal Workforce
With WAEPA, you get access to exclusive life insurance rates.
Premiums for all coverage options are based on your age and increase when you enter a new five-year age group. Applicants must be under age 70 when applying, and coverage will carry with you up to your 85th birthday.
How WAEPA’s Rates Compare to FEGLI
WAEPA offers Group Term Life Insurance for Civilian Federal Employees as an alternative to FEGLI.
With WAEPA, members can often enjoy more coverage for less money. While FEGLI’s coverage amount is capped at five times your salary, WAEPA offers up to $1.5M, regardless of salary. Additionally, with rates exclusive to Civilian Federal Employees, members who switch, on average, save more than $300 a year.
How Coverage and Rates Adjust Over Time
Premiums by Age Bands
Our Group Term Life Insurance premium rates are structured in five-year age bands. Your rate will increase when you reach a new age band. Coverage automatically renews on an annual basis provided premiums are paid when due. Maximum amount of coverage begins to reduce at age 60; however premiums do not reduce.
Example of How Rates Change
Courtney is currently 33 years old. She pays $0.81 (bi-weekly) for a $50k policy. She will pay this rate from age 30-34.
- Upon her 35th birthday, her rate will increase to $1.15 (bi-weekly). This will be her rate from age 35-39.
- At age 40, she’ll pay $1.62 (bi-weekly).
Complete List of Member & Associate Member Rates
Use the interactive tool below to find your personalized rate, broken down by age group and payment frequency. You can also see the cost of adding a Chronic Illness Rider to your policy. Download a full schedule of benefits for Members & Associate Members as well as Dependents.