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Reply to "FEDS - should I drop FEGLI insurance?"
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[quote=Anonymous]FEGLI is costing me a fortune just for the basic level and only pays 1X salary if I die. I have term insurance that has low premiums, will pay out about $1.5M, and should be sufficient to cover my family’s needs. The term will expire after house is paid off and kid is fully launched, plus some years beyond that. Is there any reason NOT to drop FEGLI?[/quote]
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