2017 Benefits Guide
12
Voluntary Supplemental Life Insurance (cont.)
The rates for supplemental life are as follows:
Spouse/Dependent Life Insurance
Associates currently have four options for spouse/dependent life insurance. No medical underwriting is
needed to enroll in any of the spouse/dependent life plans. The four plans and their rates are enclosed
below. During open enrollment associates will be permitted to enroll or make modifications to this benefit.
Cigna Supplemental Life Rates
(Effective 1-1-17)
Age
Employee
Rate per $1,000
<20-24
$0.080
25-29
$0.080
30-34
$0.080
35-39
$0.110
40-44
$0.150
45-49
$0.260
50-54
$0.430
55-59
$0.640
60-64
$1.030
65-69
$1.800
70-99
$1.800
Option
Amount of Spouse/Children Coverage
Cost per Bi-Weekly
Pay Period
Option 1
$5,000 spouse / $2,500 children
.94 per pay
Option 2
$10,000 spouse / $5,000 children
1.81 per pay
Option 3
$15,000 spouse / $7,500 children
2.81 per pay
Option 4
$20,000 spouse / $10,000 children
3.68 per pay