UW Employee's Inc. Life Insurance
Group Policy #46
Premiums are paid one month in advance.
Age Determination:
Rates for employees are based on the employee's age as of May 1 of the current calendar year. Premium changes based on the employee's calendar year age will take effect on April payrolls for May coverage.
Age in previous calendar year |
Age in current calendar year |
January through April premium based on age in previous calendar year |
May through December premium based on age in current calendar year |
44 |
45 |
44 |
45 |
Monthly Premium Table Premium and Coverage Amounts Effective October 1, 2005 |
||
Employee Age |
Coverage Amount |
Premium |
under 35 |
$ 25,000 |
$1.00 |
35 - 39 |
21,000 |
1.25 |
40 - 44 |
18,000 |
1.60 |
45 - 49 |
12,000 |
2.00 |
50 - 54 |
9,000 |
2.40 |
55 - 59 |
7,500 |
3.80 |
60 - 64 |
7,000 |
4.35 |
over 64 |
3,000 |
3.00 |
File last updated: March 19, 2007
Feedback, questions or accessibility issues: ohrwebmaster@ohr.wisc.edu
Copyright © 2002 The Board of Regents of the University of Wisconsin System
UW1152