Insurance Alternatives for Government Employees
If you are a full-time employee of the government or a municipality, you likely have an opportunity to buy group term life insurance coverage.
So the key question is this:
As compared to your average coworker, is your overall health & risk factors either "better" or "equal"?
If you fit this profile, you can pay less.
Rate comparision example:
Privately issued 10 year guaranteed term vs. insurance issued by government employer.
Based on $500,000 face amount and male, preferred non-smoker rates.