The Office of Personnel Management has announced a rare Open Season for the Federal Employees Group Life Insurance Program.
OPM will hold a FEGLI Open Season from September 1, 2016 through September 30, 2016. During this time, federal employees who are eligible can elect or increase their FEGLI life insurance coverage. Changes made during the open season will not become effective until October 1, 2017 (a full year after the Open Season change is made).
NOTE: The FEGLI Open Season is only in effect for active employees, and is NOT open to retirees.
Open seasons are extremely rare and should be taken advantage of especially by employees who are uninsurable.