Federal Employee Group Life Insurance, also known as FEGLI, was established in the 1950s to provide group term life insurance for federal employees. FEGLI consists of Basic Insurance with three additional options, which depending on your age and situation, would be beneficial to review and understand. Life insurance is one of the many important ways that you can protect yourself and your family now and in retirement. Federal Employees Retirement Services is here to review your current plan and recommend ways to maximize your options available to you.