WAEPAWorldwide Assurance for Employees of Public Agencies
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WAEPA (Worldwide Assurance of Employees of Public Agencies) is a non-profit association founded in 1943 that provides life insurance to civilian federal employees and their families.
In addition to these, WAEPA has established an extra fifteen $1,000 Scholarship Awards in recognition of its 65th anniversary in 2008.
We introduced the WAEPA Scholarship program last year and the results were phenomenal - the response was tremendous and the quality of the applicants was exceptional," said John Seal, President of WAEPA.
Only children of WAEPA life policyholders are eligible for the WAEPA Scholarship Program.
Many Federal employees are not aware of WAEPA - a non-profit association, not an insurance company.
WAEPA members can save as much as 85 percent in annual premium costs compared to FEGLI.