For the first time in 12 years, the Federal Employees' Group Life Insurance (FEGLI) program is having an open season, which will run from Sept. 1-30. During the open season, eligible federal employees can enroll in FEGLI or increase coverage up to the maximum offered by the program, including Option C coverage on the lives of spouses and eligible dependent children under age 22. In order to participate in the open season, employees must be in a retirement covered position authorized for FEGLI coverage. Enrolled employees can cancel or reduce coverage or change beneficiaries at any time without waiting for an open season. Elections or changes made during the 2016 FEGLI open season are effective Oct. 1, 2017. For more information, visit OPM.gov.
For more guides on life insurance options, visit the Military.com Insurance section.