I have FEGLI Option C (family coverage), five multiples. As each family member reaches age 22, do the multiples reduce automatically?
No. The number of multiples you carry under Option C life insurance is not linked to the number of eligible family members you have. You may elect one, two, three, four, or five multiples of coverage regardless of how many eligible family members you have. Each multiple is equal to $5,000 for your spouse and $2,500 for each of your eligible dependent children. The Option C premium is the same regardless of how many eligible family members you have.