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Group Term Life - Rate Schedule
GTL APPLICATION
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The MEA sponsored Group Term Life insurance is a "decreasing" term policy. Age bands are in 5 year increments and your premium will change at 5-year birthdates. The coverage on each schedule begins to decrease at age 55, with a decrease in the year in which the insured turns 55, 60 and the final and last decrease at age 70.
Accidental Death and Dismemberment coverage is optional with an additional premium charge of $.04 per thousand dollars and terminates at age 70.
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| MEA-SPONSORED
GROUP TERM |
| LIFE
INSURANCE (No AD&D*) |
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KEY: |
Employee and/or Spouse Information |
Dependent's Children Information |
| AGE |
SCHEDULE 1 |
SCHEDULE 25 |
SCHEDULE 50 |
| Coverage |
Total Monthly Contribution |
Coverage |
Total Monthly Contribution |
Coverage |
Total Monthly Contribution |
Under 30 |
$10,000 |
$.75 |
$25,000 |
$1.80 |
$50,000 |
$3.50 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 30-34 |
$10,000 |
$.85 |
$25,000 |
$2.00 |
$50,000 |
$3.85 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 35-39 |
$10,000 |
$.95 |
$25,000 |
$2.25 |
$50,000 |
$4.30 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 40-44 |
$10,000 |
$1.70 |
$25,000 |
$4.10 |
$50,000 |
$8.10 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 45-49 |
$10,000 |
$2.15 |
$25,000 |
$5.10 |
$50,000 |
$10.00 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 50-54 |
$10,000 |
$4.40 |
$25,000 |
$10.65 |
$50,000 |
$21.50 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 55-59 |
$7,500 |
$4.45 |
$18,750 |
$11.00 |
$37,500 |
$21.85 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 60-64 |
$5,000 |
$5.45 |
$12,500 |
$13.60 |
$25,000 |
$26.85 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 65-69 |
$3,000 |
$4.10 |
$7,500 |
$10.15 |
$15,000 |
$19.85 |
| $1,000 |
$.25 |
$2,500 |
$.60 |
$5,000 |
$1.20 |
| 70+ |
$1,000 |
$4.80 |
$2,500 |
$12.00 |
$5,000 |
$23.50 |
| $500 |
$.15 |
$1,250 |
$.30 |
$2,500 |
$.60 |
| AGE |
SCHEDULE 100 |
SCHEDULE 150 |
SCHEDULE 200 |
| Coverage |
Total Monthly Contribution |
Coverage |
Total Monthly Contribution |
Coverage |
Total Monthly Contribution |
Under 30 |
$100,000 |
$6.80 |
$150,000 |
$10.00 |
$200,000 |
$13.15 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 30-34 |
$100,000 |
$7.50 |
$150,000 |
$11.05 |
$200,000 |
$14.60 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 35-39 |
$100,000 |
$8.60 |
$150,000 |
$12.85 |
$200,000 |
$17.15 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 40-44 |
$100,000 |
$16.00 |
$150,000 |
$23.80 |
$200,000 |
$31.60 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 45-49 |
$100,000 |
$20.00 |
$150,000 |
$29.90 |
$200,000 |
$39.80 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 50-54 |
$100,000 |
$42.50 |
$150,000 |
$63.35 |
$200,000 |
$84.15 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 55-59 |
$75,000 |
$43.15 |
$112,500 |
$64.00 |
$150,000 |
$84.90 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 60-64 |
$50,000 |
$52.50 |
$75,000 |
$78.40 |
$100,000 |
$104.30 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 65-69 |
$30,000 |
$39.00 |
$45,000 |
$58.10 |
$60,000 |
$77.20 |
| $10,000 |
$2.30 |
$15,000 |
$3.35 |
$20,000 |
$4.40 |
| 70+ |
$10,000 |
$46.00 |
$15,000 |
$68.50 |
$20,000 |
$91.00 |
| $5,000 |
$1.15 |
$7,500 |
$1.70 |
$10,000 |
$2.20 |
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EMPLOYEE ONLY |
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| AGE |
SCHEDULE 250 |
SCHEDULE 300 |
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| Coverage |
Total Monthly Contribution |
Coverage |
Total Monthly Contribution |
Coverage |
Total Monthly Contribution |
Under 30 |
$250,000 |
$16.45 |
$300,000 |
$19.75 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 30-34 |
$250,000 |
$18.25 |
$300,000 |
$22.00 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 35-39 |
$250,000 |
$21.40 |
$300,000 |
$25.65 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 40-44 |
$250,000 |
$39.50 |
$300,000 |
$47.40 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 45-49 |
$250,000 |
$49.70 |
$300,000 |
$59.60 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 50-54 |
$250,000 |
$105.20 |
$300,000 |
$126.20 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 55-59 |
$187,500 |
$106.10 |
$225,000 |
$127.35 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 60-64 |
$125,000 |
$130.40 |
$150,000 |
$156.45 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 65-69 |
$75,000 |
$96.55 |
$90,000 |
$115.85 |
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| $25,000 |
$5.50 |
$30,000 |
$6.60 |
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| 70+ |
$25,000 |
$113.75 |
$30,000 |
$136.50 |
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| $12,500 |
$2.75 |
$15,000 |
$3.30 |
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- No Accidental Death & Dismemberment (AD&D) coverage. AD&D is
optional for Employee and/or Spouse at $.04 per $1,000.00 of coverage. AD&D
coverage terminates at age 70.
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