Federal employees can receive life insurance through the Federal Employees' Group Life Insurance (FEGLI) program. A calculator helps determine the premium and death benefit based on factors like age, coverage level, and optional riders. By inputting personal details, you can see how much you would pay monthly or annually and how the benefit scales with each coverage tier.
More from this site
Keep reading the latest coverage
Key Inputs for the FEGLI Calculator
- Age: Premiums rise with age.
- Coverage Level: Basic (1× salary), Standard (2×), and Optional (up to 10×).
- Riders: Extra protection such as accidental death or disability.
- Gender: Male and female rates differ slightly.
How the Calculator Works
The algorithm applies the FEGLI rate tables, which are updated annually by the Office of Personnel Management. It calculates the monthly premium, then multiplies it by 12 to give an annual figure. The death benefit is the chosen coverage level times your base salary.
Maximizing Your Coverage
- Choose the Standard or Optional level if you have dependents.
- Consider the Accidental Death and Dismemberment rider for added security.
- Review the annual rate change notice to anticipate future premium adjustments.
Comparing FEGLI to Private Insurance
| Attribute | FEGLI | Private Policy |
|---|---|---|
| Premium Predictability | Fixed for 5 years | Variable |
| Coverage Flexibility | Limited riders | Highly customizable |
| Underwriting | None (except for disability rider) | Medical exam required |
Using the Calculator Online
Most federal websites host a FEGLI calculator. Enter your data, review the estimated premium, and adjust coverage until the benefit meets your family's needs. Save the result for comparison or future reference.
When to Reevaluate Your Policy
Life events—marriage, childbirth, job change—warrant a policy review. A calculator can quickly show how a new coverage level or rider affects costs, helping you decide if an upgrade is worthwhile.