Determine the cost
Use this formula and the rate table at right to calculate your expected monthly premium. To determine how much coverage you need, use our insurance needs calculator.
| 1. | Your coverage amount (increments of $5,000 up to a maximum of $400,000) | = | _____________ |
| 2. | Divide your coverage amount by 1,000 | = | _____________ $1,000 increments of coverage |
| 3. | From the table on the right, find the rate that corresponds with your age | = | _____________ Rate from table |
| X | _____________ Answer from #2 |
||
| = | Your monthly insurance premium |
Monthly rates per $1,000
| Age | Cost |
|---|---|
| Under 25 | $0.05 |
| 25-29 | $0.06 |
| 30-34 | $0.08 |
| 35-39 | $0.08 |
| 40-44 | $0.09 |
| 45-49 | $0.12 |
| 50-54 | $0.19 |
| 55-59 | $0.32 |
| 60-64 | $0.52 |
| 65-69 | $0.93 |
| 70-74 | $1.49 |
Rates increase with age and are subject to change.
Spouse rates
You may cover your spouse in increments of $5,000 up to a maximum of $400,000 at the same low group rates you enjoy.
Child life
You may cover your child or children for an additional $1.30 monthly. This covers all eligible children and provides a $10,000 benefit from 6 months to age 26 (children receive a $1,000 benefit from live birth up to 6 months).