If you’re reading this article, you understand that life insurance is an important part of your financial plan. With that established, the task of finding the best life insurance option can be daunting. The further you look, the more types of insurance you’ll find, from simple term policies to complex whole and Universal Life varieties.
For many federal employees, the Federal Employees’ Group Life Insurance program offers a simple, straightforward way to secure life insurance. But is it really your best option?
While the Basic coverage is subsidized by the government and usually a great deal, FEGLI Option B (the optional additional coverage in multiples of your salary) deserves a closer look.
