An open season of the Federal Employees Group Life Insurance (FEGLI) is scheduled for September 1 through 30, 2016. Coverage elected during the open season will be effective the first pay period beginning on or after October 1, 2017. For more information, please visit www.opm.gov/life.
Outside of an open season, eligible employees can enroll or increase their coverage by taking a physical exam or with a Qualifying Life Event. For more information about the physical exam, please see Standard Form 2822. FEGLI life events are marriage, divorce, death of spouse, or acquisition of an eligible child. With a life event, you can enroll or increase coverage in Basic, Option A, up to five multiples of Option B, and/or up to five multiples of Option C. You must submit a Standard Form 2817 to your human resources office within 60 days after the life event.
Reducing or cancelling life insurance
You can reduce or cancel your FEGLI life insurance at any time, without waiting for an open season.
If you are currently an employee, submit a Standard Form 2817 to your human resources office, signing only for the coverage you want to keep.
If you are retired, there is no form. You must write a signed letter to OPM’s Retirement Office stating clearly the reduction or cancellation you want to make. Be sure to include your signature, annuity number (CSA/CSF) or social security number, and your phone number. Send the letter to:
Office of Personnel Management
Retirement Operations Center
P.O. Box 45
Boyers, PA 16017-0045
Please note that you cannot enroll, increase coverage, or restore cancelled coverage after you have retired.
You can change beneficiaries at any time, without waiting for an open season. Submit a Standard Form 2823 to your human resources office, or to OPM’s Retirement Office if you have retired. The address for OPM’s Retirement Office is on page 3 of the form.