Health Care & Benefits Division

 

Life Insurance Rates 

 

2022 Life Insurance Rates

Coverage Type

Monthly Premium Rate

Basic Life - $14,000 Life Coverage

$0.00 (included when enrolled on Medical benefits)
$0.63 for Retirees under age 65 without Medicare

Employee Supplemental Life

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

Spouse Supplemental Life (every $1,000 of coverage) x (Age Rate*)
Dependent Life - Spouse/Child $0.44 per month
Accidental Death & Dismemberment - Employee Only $0.02 / $1,000 of coverage
Accidental Death & Dismemberment - Employee Plus Dependents $0.03 / $1,000 of coverage
2022 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…… $0.019
  • 30-34…… $0.033
  • 35-39…… $0.052
  • 40-44…… $0.065
  • 45-49…… $0.098
  • 50-54…… $0.151
  • 55-59…… $0.282
  • 60-64…… $0.433
  •     65+…… $0.644

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

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