What is Life Insurance? Life Insurance is an insurance policy. in You pay a small premium amount at a certain frequency and in return the insurance carrier agrees to pay a large sum to your beneficiaries in the event of your death. This tax-free lump sum will: Assist...
The cost of your Federal Employee Group Life Insurance and the amount of coverage you receive from it are difficult to understand unless you know how it’s calculated. Trying to figure out how much coverage you’ll retain after retirement (or reaching age 65,...
