VOLUNTARY LIFE INSURANCE (continued)
Please note that the premium amounts presented below may vary slightly from the amounts provided on your enrollment form, due to rounding. To select your benefit amount and calculate your premium, do the following: Locate the benefit amount you want from the top row of the employee premium table. Your benefit amount must be in an increment of $10,000. Refer to the Coverage Guidelines section for minimums and maximums, if needed. Find your age bracket in the far left column. Your premium amount is found in the box where the row (your age) and the column (benefit amount) intersect. If AD&D is desired, follow the same steps on the AD&D chart. Note: your AD&D volume must match your Vol Life volume. If the benefit amount you want to select is greater than any amount in the table below, select the benefit amount from the top row that when multiplied by another number results in the benefit amount you want. For example, if you want $150,000 in coverage, you obtain your premium amount by multiplying the rate for $50,000 times 3.
EMPLOYEE VOL LIFE COSTS - BIWEEKLY
Age
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
0-24
$0.12
$0.24
$0.36
$0.48
$0.60
$0.72
$0.84
$0.96
$1.08
$1.20
25-34
$0.24
$0.48
$0.72
$0.96
$1.20
$1.44
$1.68
$1.92
$2.16
$2.40
35-39
$0.36
$0.72
$1.08
$1.44
$1.80
$2.16
$2.52
$2.88
$3.24
$3.60
40-44
$0.46
$0.92
$1.38
$1.85
$2.31
$2.77
$3.23
$3.69
$4.15
$4.62
45-49
$0.69
$1.38
$2.08
$2.77
$3.46
$4.15
$4.85
$5.54
$6.23
$6.92
50-54
$1.06
$2.12
$3.18
$4.25
$5.31
$6.37
$7.43
$8.49
$9.55
$10.62
55-59
$1.98
$3.97
$5.95
$7.94
$9.92
$11.91
$13.89
$15.88
$17.86
$19.85
60-64
$3.05
$6.09
$9.14
$12.18
$15.23
$18.28
$21.32
$24.37
$27.42
$30.46
65-69
$5.86
$11.72
$17.58
$23.45
$29.31
$35.17
$41.03
$46.89
$52.75
$58.62
70-74
$9.51
$19.02
$28.52
$38.03
$47.54
$57.05
$66.55
$76.06
$85.57
$95.08
75-79
$12.97
$25.94
$38.91
$51.88
$64.85
$77.82
$90.78
$103.75
$116.72
$129.69
80+
$26.31
$52.62
$78.92
$105.23
$131.54
$157.85
$184.15
$210.46
$236.77
$263.08
EMPLOYEE MATCHING AD&D COSTS - BIWEEKLY
Age
$10,000
$20,000
$30,000
$40,000
$50,000
$60,000
$70,000
$80,000
$90,000
$100,000
0-80+
$0.05
$0.09
$0.14
$0.18
$0.23
$0.28
$0.32
$0.37
$0.42
$0.46
SPOUSE VOL LIFE COSTS – BIWEEKLY ***Spouse cost is based on EMPLOYEE’S age***
EE Age
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
$50,000
0-24
$0.06
$0.12
$0.18
$0.24
$0.30
$0.36
$0.42
$0.48
$0.54
$0.60
25-34
$0.12
$0.24
$0.36
$0.48
$0.60
$0.72
$0.84
$0.96
$1.08
$1.20
35-39
$0.18
$0.36
$0.54
$0.72
$0.90
$1.08
$1.26
$1.44
$1.62
$1.80
40-44
$0.23
$0.46
$0.69
$0.92
$1.15
$1.38
$1.62
$1.85
$2.08
$2.31
45-49
$0.35
$0.69
$1.04
$1.38
$1.73
$2.08
$2.42
$2.77
$3.12
$3.46
50-54
$0.53
$1.06
$1.59
$2.12
$2.65
$3.18
$3.72
$4.25
$4.78
$5.31
55-59
$0.99
$1.98
$2.98
$3.97
$4.96
$5.95
$6.95
$7.94
$8.93
$9.92
60-64
$1.52
$3.05
$4.57
$6.09
$7.62
$9.14
$10.66
$12.18
$13.71
$15.23
65-69
$2.93
$5.86
$8.79
$11.72
$14.65
$17.58
$20.52
$23.45
$26.38
$29.31
70-74
$4.75
$9.51
$14.26
$19.02
$23.77
$28.52
$33.28
$38.03
$42.78
$47.54
75-79
$6.48
$12.97
$19.45
$25.94
$32.42
$38.91
$45.39
$51.88
$58.36
$64.85
SPOUSE MATCHING AD&D COSTS - BIWEEKLY
Age
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$40,000
$45,000
$50,000
0-80+
$0.02
$0.05
$0.07
$0.09
$0.12
$0.14
$0.16
$0.18
$0.21
$0.23
CHILD VOL LIFE COSTS - BIWEEKLY $2,000 $4,000 $6,000 $8,000
$10,000
*Child coverage is for child(ren) up to age 19 or up to age 25 if full-time student
0-19*
$0.17
$0.33
$0.50
$0.66
$0.83
CHILD MATCHING AD&D COSTS - BIWEEKLY $2,000 $4,000 $6,000 $8,000
$10,000
0-19*
$0.01
$0.02
$0.03
$0.04
$0.05
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