Determine the cost of NASSP group term life insurance

Calculate your monthly premium using the rate table below.

NASSP group term life rates

  • Premiums are based on age, tobacco use and amount of insurance coverage.
  • Available in $50,000 increments
  • Coverage reduces to 50% at age 70 and 25% at age 75.
       
1. Select a coverage amount up to $500,000 in increments of $50,000. = _____________

Coverage amount

2. Divide your coverage amount by 1,000 = _____________

$1,000 increments of coverage

3. From the table below, find the rate that corresponds with your age and tobacco use. = _____________

Rate from table

    X _____________

Answer from #2

    = Your monthly insurance premium

Monthly rates per $1,000

Age Tobacco user Non-tobacco user
Under 25 $0.040 $0.024
25-29 $0.040 $0.025
30-34 $0.070 $0.036
35-39 $0.100 $0.054
40-44 $0.140 $0.076
45-49 $0.200 $0.108
50-54 $0.350 $0.187
55-59 $0.575 $0.323
60-64 $1.000 $0.547
65-69 $2.000 $1.143
70-74* $4.000 $2.286
75 & Over* $8.000 $4.572

* Only members and spouses under age 70 may apply for coverage. Once accepted, coverage for active members can continue until age 80.


Premium rates increase with age and are subject to change. 

Apply today for group term life insurance!

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