Life insurance for federal employees may soon be more expensive

Life Insurance Contracts

Some workers may find that their rates will be rising, but others will be seeing them fall. Just as federal employees just faced an increase in the premiums that they pay for long term care coverage, they have now discovered that some life insurance rates may also be rising for their policies in 2016. This latest change in insurance rates will affect a much wider number of people, as many opt out of LTC. According to the Office of Personnel Management (OPM), while some people will be seeing a rise…

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