Decreasing Group Term Life Insurance Monthly Premium Schedule
Plan 15
| Age | Months of Duration |
Option 10 | Option 15 | Option 20 | |||
| Benefit | Premium | Benefit | Premium | Benefit | Premium | ||
| Thru 35 | 180 | $1,000 | $10.00 | $1,500 | $14.75 | $2,000 | $19.00 |
| 36-40 | 180 | 1,000 | 15.00 | 1,500 | 22.25 | 2,000 | 29.00 |
| 41-45 | 90 | 1,000 | 15.00 | 1,500 | 22.25 | 2,000 | 29.00 |
| 46-50 | 90 | 1,000 | 25.00 | 1,500 | 37.25 | 2,000 | 49.00 |
| 51-55 | 90 | 600 | 25.00 | 900 | 37.25 | 1,200 | 49.00 |
| 56-60 | 45 | 600 | 25.00 | 900 | 37.25 | 1,200 | 49.00 |
| Age | Months of Duration |
Option 25 | Option 30 | ||
| Benefit | Premium | Benefit | Premium | ||
| Thru 35 | 180 | $2,500 | $23.25 | $3,000 | $27.50 |
| 36-40 | 180 | 2,500 | 35.75 | 3,000 | 42.50 |
| 41-45 | 90 | 2,500 | 35.75 | 3,000 | 42.50 |
| 46-50 | 90 | 2,500 | 60.75 | 3,000 | 72.50 |
| 51-55 | 90 | 1,500 | 60.75 | 1,800 | 72.50 |
| 56-60 | 45 | 1,500 | 60.75 | 1,200 | 72.50 |
Plan 20
| Age | Months of Duration |
Option 10 | Option 15 | ||
| Benefit | Premium | Benefit | Premium | ||
| Thru 35 | 240 | $1,000 | $11.50 | $1,500 | $17.00 |
| 36-40 | 240 | 1,000 | 18.00 | 1,500 | 26.75 |
| 41-45 | 120 | 1,000 | 18.00 | 1,500 | 26.75 |
| 46-50 | 120 | 1,000 | 31.00 | 1,500 | 46.25 |
| 51-55 | 120 | 600 | 31.00 | 900 | 46.25 |
| 56-60 | 60 | 600 | 31.00 | 900 | 46.25 |
| 61-65* | 60 | 400 | 31.00 | 600 | 46.25 |
| Age | Months of Duration |
Option 20 | Option 25 | ||
| Benefit | Premium | Benefit | Premium | ||
| Thru 35 | 240 | $2,000 | $22.00 | $2,500 | $27.00 |
| 36-40 | 240 | 2,000 | 35.00 | 2,500 | 43.25 |
| 41-45 | 120 | 2,000 | 35.00 | 2,500 | 43.25 |
| 46-50 | 120 | 2,000 | 61.00 | 2,500 | 75.75 |
| 51-55 | 120 | 1,200 | 61.00 | 1,500 | 75.75 |
| 56-60 | 60 | 1,200 | 61.00 | 1,500 | 75.75 |
| 61-65* | 60 | 800 | 61.00 | 1,000 | 75.75 |
Plan 25
| Age | Months of Duration |
Option 10 | Option 15 | Option 20 | |||
| Benefit | Premium | Benefit | Premium | Benefit | Premium | ||
| Thru 35 | 300 | $1,000 | $12.50 | $1,500 | $18.50 | $2,000 | $24.00 |
| 36-40 | 300 | 1,000 | 20.50 | 1,500 | 30.50 | 2,000 | 40.00 |
| 41-45 | 150 | 1,000 | 20.50 | 1,500 | 30.50 | 2,000 | 40.00 |
| 46-50 | 150 | 1,000 | 36.00 | 1,500 | 53.75 | 2,000 | 71.00 |
| 51-55 | 150 | 600 | 36.00 | 900 | 53.75 | 1,200 | 71.00 |
| 56-60 | 75 | 600 | 36.00 | 900 | 53.75 | 1,200 | 71.00 |
| 61-65* | 75 | 400 | 36.00 | 600 | 53.75 | 800 | 71.00 |
*Plans 15, 20 and 25 terminate automatically at age 66 but the benefit will automatically convert to a decreasing lump sum Group Term Schedule. The premium remains the same as the premium in effect at age 65.
