Retiree Life

 Retiree Life Insurance Rates

Term Life Insurance – Closed Plan
Life Insurance Coverage Amount Your 2020
Monthly Cost
(Term Life insurance –  closed plan open only to current enrollees)
Age 65 – 69 Age 70+
$1,900 (Pre-retirement coverage Under $10,000)

$2,500 (Pre-retirement coverage $10,000 – $14,999)

$3,750 (Pre-retirement coverage $15,000 – $19,999)

$5,000 (Pre-retirement coverage $20,000 – $24,999)

$6,250 (Pre-retirement coverage $25,000 – $29,999)

$7,500 (Pre-retirement coverage $30,000 +)

 

$3.13

$4.12

$6.18

$8.25

$10.31

$12.37

 

$6.28

$8.26

$12.39

$16.52

$20.64

$24.77