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Reply to "FEGLI conversion"
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[quote=Anonymous][quote=Anonymous]It converts to whole life, which is garbage. You may want to try another broker before you decide to continue FEGLI; it is overpriced even when you are in federal service. I was also rejected outright by two life insurance companies. The third sold me a 20-year $1m policy for $100/mo. FEGLI, in service, was 1x salary for $86/month. [/quote] My former coworker converted to term at the same rate he paid for FEGLI. [/quote]
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