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Val discusses this fundamental principle in the world of insurance for federal employees. This clip from episode 103 breaks down what insurable interest is, the cost, and how it affects your loved ones. Show Links: Website: https://federalretirementshow.com/ Apple: https://shorturl.at/H5lBM Spotify: https://shorturl.at/mlKKE Amazon Music: https://shorturl.at/KPW7G Timestamps: 0:00 – Insurable Interest meaning 2:00 – Cost of the benefit Hashtags: #federalemployees #insurance #FERS Subscribe to our YouTube Page: / @americanbenefitsexchange Connect with Val: American Benefits Exchange --- thinkabx.com Federal Retirement Show --- federalretirementshow.com/podcasts Linkedin --- / american-benefits-exchange Phone --- (512) 582-6050 About American Benefits Exchange: American Benefits Exchange focuses on providing solid financial solutions to Federal, postal, and state employees as well as members of the United States Armed Forces and small businesses. American Benefits Exchange brings years of experience and knowledge to support these niche markets. American Benefits Exchange, along with its provider companies, truly understands the needs of civil service employees. A portfolio of products is available to address important financial issues such as planning for retirement, FEGLI Option B replacement, Thrift Savings Plan Rollovers, and Pension Maximization.