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Life insurance for federal employees can come in more than one shape. Normally, all employees are eligible for FEGLI and are automatically enrolled in it from the moment they start federal work. However you can cancel this policy if you find a more suitable option such as WAEPA. Finding the ideal policy depends on the individual needs of each person. Both organizations have a long standing tradition of serving federal employees.
The best life insurance strategies are the ones where you stick to the initial plan. Try to avoid tricky selling techniques that insurance agents use in order to sell you expensive policies. In order not to get confused by a massive amount of information it is better to have some basic knowledge of insurance policies.
Research is the most important part of finding life insurance for seniors. You need to compare your old policy to new ones to see if it’s worth extending. Furthermore various companies have different rates for the same benefits. You also need to remember that it is always better to work with trustworthy companies that have financial strength.