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