In plain terms. LIFAR governs acquisition for the Federal Employees' Group Life Insurance program, applied with the FAR.
Who it applies to. Insurers and contractors supporting the federal group life-insurance program.
What it requires. Meet the FAR baseline, then LIFAR terms. The program handles enrollee personal data, so expect privacy and safeguarding requirements appropriate to that information.
Why it matters. Personal and beneficiary data brings standard privacy obligations to FEGLI contracts.
Citation. LIFAR, the Life Insurance Federal Acquisition Regulation supplement to the Federal Acquisition Regulation (FAR), codified in the FAR System at Title 48 of the C.F.R.