News & Events

WAEPA Announces 25% Premium Refund

Since 1996, the WAEPA Board of Directors has declared 16 premium refunds, returning over $65,000,000 to WAEPA members. This includes a 25% refund of premium for the fiscal year ending March 31, 2012.  

Who is eligible for a refund?

WAEPA Members with life insurance coverage in force on March 31, 2012, whose coverage remains in force as of September 1, 2012 - the date of the refund. All Refund Checks are void, by year’s end, and are, thereafter, automatically credited to each respective Member’s account.

How much money do eligible WAEPA members receive?

Your refund is based on the amount of your insurance coverage. You will receive 25% of your annualized premium as of March 31, 2012 the last day of WAEPA’s fiscal year (The exact percentage may vary from year to year).

How much is my premium refund with FEGLI?

FEGLI does not offer premium refunds.


View WAEPA Refund History


The FREE 2012 WAEPA Guides are now available, click on the picture/link below to view it.
The 2012 Life Insurance Guide:
Make an informed decision for your family by understanding the differences between FEGLI and WAEPA.

The 2012 Health Insurance Guide:
Learn more about the Federal Employees Health Benefits (FEHB) Program. As a Federal employee, you are entitled to enroll yourself and any eligible family members in a health plan offered under the FEHB Program.

The 2012 College Funding Guide:
What every federal employee needs to know about investing in a college education.

The 2012 New Federal Employees Guide:
Make the right decisions concerning pay, leave, alternative work schedules, health benefits, and life insurance.

The 2012 Long-Term Care Insurance:
Make an informed decision about whether or not you need to purchase long-term care insurance, and if so, the factors you should consider when buying a policy.

NEW: Member Profile Updater

We want to make sure you receive your refund check in September, so please fill out the Membership Profile Updater to get your Refund Notification by Email.


WAEPA Scholarship Program

The WAEPA Scholarship Program Exceeds All Expectations!
The response to the WAEPA Scholarship Program has been phenomenal. Scholarship America, the program administrator, reported that the response to the WAEPA Program was one of the highest they had seen for a scholarship program.

WAEPA established the scholarship program to assist policy holders’ children who plan to continue education in college or vocational school programs. Scholarships are offered each year for full-time study at an accredited institution of the student’s choice.
New Insurance Benefits.  $750,000 of Coverage Now Offered from WAEPA.

You can now select WAEPA coverage from $25,000 up to $750,000 in $25,000 increments. Click here to view all of our new plans and premium rates from $525,000 up to $750,000. Or simply click on our Online Premium Calculator.

In response to numerous requests, WAEPA is pleased to announce that effective immediately the maximum amount of coverage has been increased to $750,000! This is a 50% increase over our previous maximum benefit of $500,000.

Now more than ever WAEPA can provide the full amount of insurance coverage you need to truly protect your family!