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Posted on Friday, 12th December 2025 by Dennis Damp

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My wife and I enrolled in the Federal Long Term Care Insurance Program’s Future Purchase Option when it was first offered in the early 2000s. Our monthly premium for Mary was $35.59, and I was paying $37.98 for 5 years of coverage with a maximum lifetime benefit of $228,125. The daily benefit amount was $125. […]

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Posted on Friday, 24th February 2023 by Dennis Damp

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Forward this to others that may find this information helpful. Sign-up to receive my free Retirement Planning Newsletter. I receive many FEGLI insurance coverage questions throughout the year. Especially from those working on their retirement paperwork and require coverage clarifications. One subscriber recently asked if FEGLI is considered term insurance, if so, does the term […]

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Posted on Saturday, 9th January 2010 by Linda Sherman

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This article, updated 2/17/2023, will help you evaluate your total insurance needs and costs. Inevitably during a new employee orientation, someone would ask, “How much life insurance do I need?”  And another classmate would shout back, “As much as you can get.” Or, “Five to ten times your income.”  As an HR Specialist, I could […]

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