FAQ

1. Is Fed Term an insurance company? No. We are a network of Financial Professionals who have access to over 20 major life insurance companies. Our loyalty is to our clients, not our insurance carriers
2. How can your rates be up to 70% less than FEGLI? FEGLI is a group policy and as such, the rates reflect accepting individuals who are in poor health and/or use tobacco.
3. Do I need to have a FEGLI policy to purchase term insurance though you? No. We compare our cost to FEGLI because over 4 million federal employees & retirees are insured by FEGLI.
4. Will I have to take a medical Exam? Yes, but because our rates are so low, our carriers require that you be in moderately good health, and take a quick paramedical exam which can be done at your home or office.
5. Do you only work with Federal Employees? Yes and their families. We do not strive to be all things to all people.
6. Do you offer anything else besides term life insurance? Yes, we offer Federal Employees Professional Liability Insurance, which is only $300 a year and the federal government usually will reimburse you half of that. We also offer Disability insurance that covers you for non-work  sickness and accidents and dental insurance.