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Life Insurance Rates

2019/2020 Rates

Plans

Monthly Premiums

Basic Life - $14,000 Life Coverage

$0.00 (included when enrolled on Medical benefits)
$1.90 for Retirees under age 65 without Medicare

Employee Supplemental Life

(every $1,000 of coverage) x (Age Rate*)

AD&D - Employee Only

$0.02 / $1,000 of coverage

AD&D - Employee and Dependents

$0.03 / $1,000 of coverage

Spouse Supplemental Life (every $1,000 of coverage) x (Age Rate*)
Dependent Life $0.44 per month

Age Rates for Employee and Spouse Supplemental Life

Based on employee’s age on the last day of the month coverage becomes effective. 

  •   0-29…… $0.021
  • 30-34…… $0.036
  • 35-39…… $0.057
  • 40-44…… $0.071
  • 45-49…… $0.107
  • 50-54…… $0.164
  • 55-59…… $0.307
  • 60-64…… $0.471
  •     65+…… $0.700

*Once coverage is effective, rates change the first of the month following attainment of age based on above rate schedule.