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If you are an employee, you can cancel or reduce your FEGLI life insurance at any time by submitting this form to your human resources office.
If you want to reduce life insurance, sign only for the coverage you want to KEEP.
If you want to cancel all life insurance, sign in Box 5.
Exception: if you have assigned your life insurance by transferring ownership to another person or to a company, then you cannot cancel or reduce your Basic, Option A, or Option B coverage.
If you are a retiree, you can cancel or reduce your FEGLI life insurance at any time. There is no form; you must mail a signed letter to OPM's Retirement Office at:
U.S. Office of Personnel Management
Retirement Operations Center
P.O. Box 45
Boyers, PA 16017-0045
The cancellation or reduction must be in writing and have an original signature by the insured retiree. Be sure to include your retirement claim number (CSA) or Social Security Number (SSN) and specify what action you want taken. Please note that you cannot increase your coverage after retirement or reinstate coverage that you cancel.
No. FEGLI life insurance open seasons are extremely rare. Outside of an open season, eligible employees can enroll in FEGLI by taking a physical exam or with a Qualifying Life Event.
The form to request FEGLI by taking a physical exam is available the SF 2822. The form is completed partly by you, partly by your agency, and partly by your healthcare provider. If OFEGLI approves your request, you are automatically enrolled in Basic. If you want Optional insurance as well as Basic, you can enroll in Option A and/or Option B within 60 days from the date of OFEGLI's approval. You cannot enroll in Option C by getting a physical.
With a FEGLI Qualifying Life Event, you can enroll in FEGLI Basic, Option A, up to five multiples of Option B, and/or up to five multiples of Option C. Qualifying Life Events are marriage, divorce, death of spouse, or acquisition of an eligible child. To enroll or increase your FEGLI coverage based on a life event, submit an SF 2817 to your human resources office within 60 days after the life event.
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