Group Term Life Rate Schedule

Rate Schedule

Calculate Your Premium.

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.

MEA-Sponsored Group Term Life Insurance

No AD&D*

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

EMPLOYEE ONLY
AGE SCHEDULE 250 SCHEDULE 300
Coverage Total
Monthly
Contribution
Coverage Total
Monthly
Contribution
Under
30
$250,000 $16.45 $300,000 $19.75
$25,000 $5.50 $30,000 $6.60
30-34 $250,000 $18.25 $300,000 $22.00
$25,000 $5.50 $30,000 $6.60
35-39 $250,000 $21.40 $300,000 $25.65
$25,000 $5.50 $30,000 $6.60
40-44 $250,000 $39.50 $300,000 $47.40
$25,000 $5.50 $30,000 $6.60
45-49 $250,000 $49.70 $300,000 $59.60
$25,000 $5.50 $30,000 $6.60
50-54 $250,000 $105.20 $300,000 $126.20
$25,000 $5.50 $30,000 $6.60
55-59 $187,500 $106.10 $225,000 $127.35
$25,000 $5.50 $30,000 $6.60
60-64 $125,000 $130.40 $150,000 $156.45
$25,000 $5.50 $30,000 $6.60
65-69 $75,000 $96.55 $90,000 $115.85
$25,000 $5.50 $30,000 $6.60
70+ $25,000 $113.75 $30,000 $136.50
$12,500 $2.75 $15,000 $3.30

* 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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