Overview
Worldwide Assurance for Employees of Public Agencies (WAEPA) is a nonprofit association based in Falls Church, Virginia, established in 1943. It provides life insurance and financial services exclusively for current, former, and retired U.S. civilian federal employees and their families. WAEPA's mission is to enhance the health, welfare, and financial well-being of its members, who represent various federal agencies.
WAEPA offers a range of products, including group term life insurance with coverage amounts up to $750,000 for members and $250,000 for spouses. Additional offerings include a chronic illness rider, an automatic benefit increase rider, and group short-term disability insurance that provides paycheck protection. The association also provides financial education, resources, and scholarships to support its members' financial wellness and retirement planning. With over 50,000 members, WAEPA has a strong commitment to affordability and member value, having refunded over $100 million in premiums since 1996.
WAEPA offers a range of products, including group term life insurance with coverage amounts up to $750,000 for members and $250,000 for spouses. Additional offerings include a chronic illness rider, an automatic benefit increase rider, and group short-term disability insurance that provides paycheck protection. The association also provides financial education, resources, and scholarships to support its members' financial wellness and retirement planning. With over 50,000 members, WAEPA has a strong commitment to affordability and member value, having refunded over $100 million in premiums since 1996.
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