Bi-Weekly Rates for Employee and Spouse Optional Life Insurance
Age on Later of Jan. 1, 2025 or Coverage Effective Date
Employee Rate per $1,000
Spouse Rate per $1,000
Less than 30
$0.0291 $0.0369 $0.0457 $0.0665 $0.1038 $0.1786 $0.3240 $0.4860 $0.9166 $1.4289
$0.0291 $0.0369 $0.0457 $0.0665 $0.1038 $0.1786 $0.3240 $0.4860 $0.9166 $1.4289
30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69
70+
Employee-Paid Optional, Spouse & Child Accidental Death & Dismemberment (AD&D) You can elect additional AD&D coverage for yourself and your eligible dependents under the Optional AD&D Plan through Unum. However, in order to elect coverage for your eligible dependents, you must elect additional coverage for yourself. Your coverage options, along with the plan features and rates, are summarized in the table below.
Feature
You
Your Spouse
Child(ren)
$5,000 increments up to $15,000 for children up to age 26 (election must be the same for all children)
$5,000 increments, not to exceed the lesser of 50% of your Basic and Optional AD&D coverage amounts combined or $250,000
1x-5x annual base salary, rounded to the next $1,000, up to $500,000
Coverage Amount
Evidence of Insurability (EOI)
Not required
Not required
Not required
Reduction Schedule
Ages 70-74: reduced to 65% Ages 75+: reduced to 50%
Ages 70-74: reduced to 65% Ages 75+: reduced to 50%
n/a
Coverage Rate (bi-weekly)
$0.0093 per $1,000
$0.0138 per $1,000
$0.0138 per $1,000
33
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