FEGLI Option B Cost Calculator

Estimate Option B employee premiums using the rates published in OPM's FEGLI Premium Overview.

Estimated Option B coverage
Estimated biweekly premium
Estimated monthly equivalent
Estimated annual payroll cost (26 pay periods)

Rate source: U.S. Office of Personnel Management, FEGLI Premium Overview, employee Option B rates (listed as effective on or after Oct. 1, 2021). OPM states rates may change. Calculator is educational and is not an official OPM calculator.