Monday, March 27, 2006

Insurance sales pitch red-flagged

Watch out for unauthorized life-insurance offers Date published: 3/26/2006

THE OFFICE of Personnel Management has just released a letter warning that insurance company salespersons are misrepresenting themselves as affiliates of the Federal Employees' Group Life Insurance Program.
OPM wants everyone to know that neither they nor FEGLI have endorsed this contact. Nor have they authorized any privately sponsored life insurance plans.

Federal workers and retirees should understand that FEGLI does not use sales agents or telephone solicitations of any kind. Furthermore, OPM stresses that no one from FEGLI will ever contact employees or enrollees, at work or at home.

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Watch out for unauthorized life-insurance offers