TRANSCRIPT:

Linda: So, Jeff, Option A with FEGLI. Explain that.

Jeff: It’s very cheap while you’re working. It’s not much coverage. Basically when you retire or when you turn 65, whichever is later, it comes free and it reduces 75% down to $2,500.

Linda: Okay.

Jeff: No other option on that. So basically over this example over this career, they spent $1,274 to have a $2,500 policy.