What happens to my federal life insurance when I turn 65?

What happens to my federal life insurance when I turn 65?

* For retirees, at age 65, premiums will cease and the value of your insurance will drop by 2 percent per month until it reaches 25 percent. Note: While Basic and Option A insurance provide accidental death and dismemberment coverage while you are employed by the government, that coverage stops when you retire.

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