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You pay 100% of the premiums for your FEGLI Option B coverage. Unlike your Basic Life coverage which offers a level premium for all employees; Option B charges based on your age and the premiums increase every 5 years. Since Option B provides the most life insurance coverage under FEGLI it's the most expensive.

FEGLI charges the same rates regardless of whether or not you smoke, your overall health or if you are a male or female. If you don’t smoke and are reasonably healthy or if you are a female you may be overpaying for your Option B coverage.

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Q: Is there an example that demonstrates how to use the Critical Illness insurance?


Rachel is a working mom who was hospitalized with a heart attack at the age of 45. 

Her health insurance paid for most of her medical expenses, but she was responsible for several thousands of dollars in copayments and deductibles. Fortunately, Rachel had enrolled last year in a $10,000 Critical Illness benefit through her employer. 

The payout covered her outstanding medical expenses as well as child care and other living expenses she incurred during her recovery period.

Note: Even after receiving a full benefit under the policy, Rachel’s coverage may remain in-force and provide financial support if she or a dependent should experience another major illness in the future. 

This case illustration is fictitious and for illustrative purposes only.