Small Business Life Insurance - Voluntary Life Insurance
A voluntary term life insurance product is available for your small business and has no minimum employee participation requirements. Benefits are payable in increments of $10,000, up to a maximum of $300,000. There is a non-medical maximum of up to $10,000 if the employee elects coverage within 31 days of their eligibility date, plus an additional $10,000 non-medical maximum available at annual enrollments. Coverage under this plan is subject to medical underwriting.
View and print detailed coverage information
Voluntary Life Rate(Monthly Rates/$10,000 of Coverage |
Non-Tobacco User Rate |
Tobacco User Rate |
under 30 |
$ 0.56 |
$ 1.14 |
30 to 34 |
$ 0.65 |
$ 1.24 |
35 to 39 |
$ 0.74 |
$ 1.58 |
40 to 44 |
$ 1.39 |
$ 2.64 |
45 to 49 |
$ 1.95 |
$ 4.75 |
50 to 54 |
$ 3.24 |
$ 7.83 |
55 to 59 |
$ 5.56 |
$ 14.16 |
60 to 64 |
$ 8.71 |
$ 17.24 |
65 to 69 |
$ 13.71 |
$ 27.81 |
70+ |
$ 21.95 |
$ 36.78 |
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