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WebRevised Guidelines on Group Life Insurance Policy for Employees National Pension Commission. Home. Guidelines. Guidelines & Regulations. Guidelines for Life … WebLife Insurance. The Federal Government established the Federal Employees' Group Life Insurance (FEGLI) Program on August 29, 1954. It is the largest group life insurance program in the world, covering over 4 million Federal employees and retirees, as well as many of their family members. Most employees are eligible for FEGLI coverage. http://www.standard.com/eforms/6958.pdf scoring race 2021