Life Insurance - Rates
Rates for Optional Life Insurance Coverage
To calculate monthly cost for optional coverage: Locate your age in the table below and find the corresponding cost per $1,000 of monthly coverage. To determine the cost of coverage equal to two or three times your salary, multiply the monthly cost by the corresponding multiple of your salary.
Employee Age |
Monthly Cost per $1000 of Coverage |
Up to age 34 |
$0.08 |
Age 35-39 |
$0.09 |
Age 40-44 |
$0.10 |
Age 45-49 |
$0.15 |
Age 50-54 |
$0.25 |
Age 55-59 |
$0.43 |
Age 60-64 |
$0.69 |
Age 65-69 |
$1.27 |
Age 70+ |
$2.22 |
