Premiums: CATCA Plan+ group term life insurance
When it comes to total insurance coverage and added features, CATCA Plan+ group term life insurance offers members and their families life insurance protection that is hard to beat.
The following are the monthly premiums for each $10,000 unit of coverage. The maximum coverage available is $500,000 for employees and $500,000 for spouses. Premiums are based on your age, gender and smoking habits.
An additional monthly premium of 65 cents covers all of your dependant children. Each child will receive $5,000 of life insurance protection.
Plan+ group term life insurance rates: Value that's hard to beat
| AGE |
MALE
NON-SMOKER |
MALE
SMOKER |
FEMALE
NON-SMOKER |
FEMALE
SMOKER |
| to age 34 |
$0.60 |
$0.85 |
$0.51 |
$0.60 |
| 35-39 |
$0.60 |
$0.85 |
$0.51 |
$0.60 |
| 40-44 |
$1.02 |
$1.53 |
$0.85 |
$1.02 |
| 45-49 |
$1.87 |
$2.55 |
$1.45 |
$1.70 |
| 50-54 |
$3.40 |
$5.19 |
$2.30 |
$3.74 |
| 55-59 |
$5.19 |
$7.57 |
$3.66 |
$5.70 |
| 60-64 |
$7.57 |
$13.26 |
$4.93 |
$7.40 |
| 65-69 |
$10.46 |
$17.43 |
$6.55 |
$9.61 |
Example: The monthly premium for a 30-year-old female non-smoker requiring $200,000 of coverage (20 x $10,000) would be $10.20 (20 X $0.51). Premiums for a 30-year-old male non-smoker requiring the same amount of coverage would be $12 (20 X $0.60).
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