Premium Cost for Supplemental Life Insurance
Supplemental Life Insurance – Age Based Premiums (per $1,000 of insurance)
2023 Plan Year Rates
| Age (as of January 1) |
Monthly Premium |
Semi-Monthly Premium |
|---|---|---|
|
16 to 29
|
$0.038 | $0.019 |
| 30 to 34 | $0.044 | $0.022 |
| 35 to 39 | $0.071 | $0.036 |
| 40 to 44 | $0.110 | $0.055 |
| 45 to 49 | $0.165 | $0.083 |
| 50 to 54 | $0.231 | $0.116 |
| 55 to 59 | $0.352 | $0.176 |
| 60 to 64 | $0.638 | $0.319 |
| 65 to 69 | $1.100 | $0.550 |
| 70 and over | $1.837 | $0.919 |