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Determine the cost

Use Securian Financial's online benefits-decision tool, Benefit Scout®. By answering a few simple questions about your family and finances, you can determine the coverage that meets your needs and budget.

Visit LifeBenefits.com/stmn

Determine the cost of term life coverage

Use this formula and the rate table at right to calculate your expected monthly premium.
       
1. Your coverage amount = _____________
 
2. Divide your coverage amount by 5,000 = _____________

$5,000 increments of coverage

3. From the table below, find the rate that corresponds with your, or your spouse's age = _____________

Rate from table

    X _____________

Answer from #2

    = Your semi-monthly insurance premium
Semi-monthly rates per $5,000
Age Cost
Under 30 $0.15
30-34 $0.20
35-39 $0.23
40-44 $0.25
45-49 $0.43
50-54 $0.78
55-59 $1.23
60-64 $2.03
65-69 $3.25
70-74 $5.25
75-79 $8.50
80-84 $13.75
85-89 $27.53
Term life rates increase with age and all rates are subject to change.

Spouse rates

You may cover your spouse in increments of $5,000 up to a maximum of $500,000.  The premium rate is based on your spouse's age.

Child life

Coverage for your children is available for $0.42 semi-monthly regardless of the number of children. Each child is covered for $10,000.

Determine the cost of Optional AD&D coverage

AD&D rates don't change by age, so the calculation for this coverage is a little easier than the calculation for term life coverage.

Coverage amount Semi-monthly premium
$5,000 $0.08
$10,000 $0.16
$15,000 $0.24
$20,000 $0.32
$25,000 $0.40
$30,000 $0.48
$35,000 $0.56
$40,000 $0.64
$45,000 $0.72
$50,000 $0.80
$55,000 $0.88
$60,000 $0.96
$65,000 $1.04
$70,000 $1.12
$75,000 $1.20
$80,000 $1.28
$85,000 $1.36
$90,000 $1.44
$95,000 $1.52
$100,000 $1.60

All rates are subject to change.