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2008 Premium Rates
for Life, Accidental Death & Dismemberment Insurance

UW Paid Life Insurance

The UW pays for $25,000 of life insurance on each eligible employee. If you go on leave or layoff status and wish to continue optional life insurance on yourself, you will be required to pay the UW's contribution (see “Part A Basic,” below) for this insurance during that period.

Effective January 1, 2008

Part A Basic

Employees
$5.23 per month (employer-paid)

Part B Basic (for Dependents)

An employee pays $0.52 per family, regardless of the number of dependents.

Part B Supplemental, Part C Optional, and Part D Supplemental Insurance

Your premium rate changes to the next higher rate as you reach each new age bracket.

Employee's age Cost per $1,000 per month
Non-smoker Smoker
Under 25 $0.030 $0.038
25-29 0.032 0.046
30-34 0.036 0.060
35-39 0.042 0.070
40-44 0.066 0.078
45-49 0.096 0.116
50-54 0.148 0.176
55-59 0.276 0.328
60-64 0.424 0.502
65-69 0.782 0.966
70+ 1.164 1.566

Part E - Accidental Death and Dismemberment

Employee ADD benefit Monthly Cost to cover only yourself Monthly Cost
to cover you
& your dependents
Coverage your spouse/
QDP* would have:
Coverage your children would have:
With no children With children If you have a spouse/
QDP*
If you have no spouse/
QDP*
$ 25,000 $0.25 $0.35 $12,500 $10,000 $1,250 $2,500
50,000 0.50 0.70 25,000 20,000 2,500 5,000
75,000 0.75 1.05 37,500 30,000 3,750 7,500
100,000 1.00 1.40 50,000 40,000 5,000 10,000
125,000 1.25 1.75 62,500 50,000 6,250 12,500
150,000 1.50 2.10 75,000 60,000 7,500 15,000
175,000 1.75 2.45 87,500 70,000 8,750 17,500
200,000 2.00 2.80 100,000 80,000 10,000 20,000
225,000 2.25 3.15 112,500 90,000 11,250 22,500
250,000 2.50 3.50 125,000 100,000 12,500 25,000

*QDP = Qualified Domestic Partner

Life & ADD
Insurance Topics