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.