Fall 2018 Quarterly Report
WAEPA Awards A 20% Premium Refund
As many of you know, Premium Refund checks were mailed out on September 25, 2018.

Premium refunds are not guaranteed. They are based primarily on the annual claims ratio, and despite constant fluctuations, WAEPA has awarded a refund 22 of the past 23 years. That's over $100 Million in Premium Refunds since 1996.

Continued growth is an important factor in the decision to continue our annual refund – as such, we encourage you to mention the benefits of WAEPA to your coworkers.

Thank you for being a valued member of WAEPA!

Shane Canfield, CEO
WAEPA
Attention, members residing in the Washington, D.C. Metro Area! Join us on Tuesday, October 30 th at th e Ronald Reagan Building & International Trade Center for our 2 nd Annual Member Meeting.

This event will run from 8am to 1pm and includes a plenary address by Jean Chatzky, the financial editor for NBC's TODAY show, an award-winning personal finance journalist, and best-selling author.

Registration is free, and non-members are welcome to attend, so invite a colleague to join you. Breakfast and lunch will be provided. Seating is limited, so register today.
2019 Scholarship Program
We're proud to have awarded over $1.6 Million dollars in scholarships since 2007. If you have a Group Term Life Insurance policy with us, your child can apply for our 2019 Scholarship Program.
 
The scholarships are available for full-time study at accredited institutions, which can include four-year colleges and 2-year vocational/technical schools. Every year, we proudly provide tuition assistance for up to 75 individuals.
  • Up to 70 scholarships of $2,500 will be granted to students attending four-year colleges or universities.
  • Up to 5 scholarships of $1,250 will be granted to students attending two-year colleges or vocational/technical schools.
Now is The Time To Plan For Your Financial Future.
We’re proud to offer a three-part webinar series covering Financial Wellness for Civilian Federal Employees.

These webinars will cover debt, risk management, retirement planning, and more.

Register for any one of the webinars, or all three! By registering, you can watch on-demand after the broadcast has aired, and you'll receive exclusive presentation materials and resources. 
Is it Time To Upgrade Your Coverage?
When purchasing life insurance, it's important to understand the financial needs of your beneficiaries, especially as your life and circumstances change.

As such, taking a detailed needs analysis on a regular basis can help you determine how much life insurance you need.

WAEPA provides up to $1.5 Million in coverage, regardless of your salary.

Use our new Needs Analysis Calculator to determine how much Group Term Life Insurance coverage needed to protect your loved ones after you're gone.
WAEPA Annual Notice of Privacy Policy
Fall 2018
Our information practices.
Our policies and procedures are designed to protect your privacy.

Types of information we collect.
In the normal course of business we may collect:
  • Information provided on applications and other forms (including name, address, income and other household information)
  • Data about transactions (such as the types of products purchased and account status)
  • Information from outside sources such as public records
  • Information gathered from our websites, such as through online forms, site visit data and information collection devices (“cookies”)
  • Information collected from consumer reporting agencies
  • Health information collected with your permission when you apply for insurance

Safeguarding your information.
We maintain physical, electronic, and procedural safeguards that meet state and federal regulations. Access to customer information is limited to people who need the information to perform their job responsibilities.

How we use information.
We may share the information we collect about you as allowed by law, including for normal business administration and related business activities. The information may be shared:
  • Within our Company, and
  • With non-affiliates, such as banks, third parties that perform research and marketing functions for us or service providers that help us process transactions or service accounts. We may use service providers such as billing, printing and mail service companies.

We may disclose the information we collect when required or permitted by law, such as to:
  • Respond to a subpoena
  • Prevent fraud and other crimes
  • Comply with legal requirements
  • Respond to a government inquiry

We will follow the privacy law in your state if that law has different requirements than the policy described in this notice.

Informing customers about privacy
This notice is in effect as of January 1, 2018. You will receive our notice at least once a year, as long as you are insured by us. You can receive additional copies of this notice by calling us toll free at (800) 368-3484 or write to us at:

WAEPA, 433 Park Avenue, Falls Church VA 22960

We want to assure you that your relationship with us is handled with the high degree of integrity and professionalism you expect. Thank you for trusting us with your business.

Form 22294-MT-SM (January 2018)
2018 New York Life Insurance Company
Condensed Statement of Financial Condition Program
For 2017-2018
WAEPA CHECKLISTS:
10 Ways to Pay
Off Student Debt

WAEPA WEBINARS:
Social Security: The Basics and When to Apply

WAEPA NEWS:
Shane Canfield featured on CEOs You Should Know