Cryptocurrency Q&A Should I drop Fegli?

Should I drop Fegli?

BlockchainBaron BlockchainBaron Thu Oct 24 2024 | 6 answers 1541
I'm considering whether or not I should drop my Fegli insurance. I'm not sure if it's still beneficial for me to keep it or if there are better options available. What are the pros and cons of dropping Fegli? Should I drop Fegli?

6 answers

RiderWhisper RiderWhisper Sat Oct 26 2024
FEGLI offers an option known as "Basic" which carries a unique benefit.

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LucyStone LucyStone Fri Oct 25 2024
In contrast to the "Basic" option, other FEGLI options labeled as "B" and "C" do not have the same benefit.

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Ilaria Ilaria Fri Oct 25 2024
This "Basic" option will eventually become free of charge.

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Tommaso Tommaso Fri Oct 25 2024
The point when it becomes free is determined by the later of two events: retirement or reaching age 65.

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SumoPowerful SumoPowerful Fri Oct 25 2024
For individuals who are approaching retirement, it is generally advisable to retain their FEGLI Basic.

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