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10-Year Level Term Life Insurance Plan

Current Schedule of Benefits And Quarterly Premiums as of 2017

When comparing rates, please keep in mind that although not promised or guaranteed, this plan is designed to generate dividends that an insured is asked to donate to fund ABE’s charitable mission, or members may annually request that dividends be refunded to them. We ask that you donate these dividends to ABE. If you do so, you are eligible for a charitable contribution deduction on your individual tax return. (See Assignment of Dividends for further details.)

Montana Residents: “Male” rates apply to all individuals regardless of sex.

See Rate Classes below: Preferred | Select | Standard | Child

 

Quarterly PREFERRED Premium Schedule Per $10,000 Unit

Application Postmark Age $100,000 to $240,000 $250,000 to 500,000 $510,000 to $990,000 $1,000,000 and Over
  Male Female Male Female Male Female Male Female
35 and Under 2.10 1.90 1.40 1.23 1.03 0.88 0.98 0.83
36 2.13 1.93 1.43 1.25 1.05 0.90 1.00 0.85
37 2.20 2.05 1.48 1.30 1.10 0.98 1.05 0.93
38 2.33 2.13 1.55 1.43 1.15 1.05 1.10 1.00
39 2.45 2.23 1.63 1.55 1.20 1.15 1.15 1.10
40 2.55 2.35 1.75 1.65 1.30 1.23 1.25 1.18
41 2.68 2.50 1.85 1.80 1.43 1.35 1.38 1.30
42 2.88 2.65 2.10 1.95 1.60 1.48 1.55 1.43
43 3.05 2.88 2.33 2.13 1.78 1.63 1.73 1.58
44 3.23 3.05 2.53 2.33 1.95 1.78 1.90 1.73
45 3.55 3.20 2.80 2.50 2.15 1.93 2.08 1.88
46 3.85 3.43 3.05 2.68 2.38 2.08 2.33 2.03
47 4.18 3.58 3.33 2.83 2.58 2.20 2.50 2.15
48 4.48 3.75 3.58 3.03 2.78 2.33 2.70 2.25
49 4.90 3.98 3.90 3.20 3.05 2.48 2.98 2.40
50 5.35 4.20 4.28 3.43 3.35 2.68 3.28 2.63
51 5.80 4.48 4.73 3.70 3.70 2.88 3.63 2.80
52 6.23 4.83 5.25 4.03 4.13 3.15 4.05 3.08
53 6.70 5.15 5.80 4.33 4.58 3.40 4.50 3.33
54 7.33 5.53 6.40 4.73 5.08 3.70 5.00 3.63
55 7.90 5.88 7.08 5.10 5.60 4.00 5.50 3.93
56 8.60 6.23 7.75 5.43 6.15 4.28 6.05 4.20
57 9.28 6.60 8.45 5.73 6.70 4.55 6.60 4.48
58 10.13 6.93 9.25 6.13 7.38 4.83 7.28 4.73
59 11.08 7.38 10.18 6.55 8.10 5.20 7.98 5.13
60 12.18 7.93 11.25 7.10 8.98 5.65 8.85 5.58
61 13.43 8.65 12.50 7.85 9.98 6.23 9.85 6.13
62 14.75 9.48 13.95 8.70 11.15 6.93 11.03 6.83
63 16.35 10.45 15.53 9.70 12.43 7.73 12.28 7.63
64 18.20 11.53 17.33 10.73 13.88 8.55 13.73 8.43

Quarterly PREFERRED Premium Schedule Per $10,000 Unit with Waiver of Premium Option

Age as of Application Postmark

$100,000 to $240,000

$250,000 to $500,000

$510,000 to $990,000

$1,000,000 and Over

M F M F M F M F
20 and Under 2.30 2.15 1.60 1.48 1.23 1.13 1.18 1.08
21 - 24 2.30 2.18 1.60 1.50 1.23 1.15 1.18 1.10
25 - 30 2.35 2.20 1.65 1.53 1.28 1.18 1.23 1.13
31 2.35 2.20 1.65 1.53 1.28 1.18 1.23 1.13
32 2.35 2.23 1.65 1.55 1.28 1.20 1.23 1.15
33 2.38 2.23 1.68 1.55 1.30 1.20 1.25 1.15
34 2.38 2.25 1.68 1.58 1.30 1.23 1.25 1.18
35 2.40 2.30 1.70 1.63 1.33 1.28 1.28 1.23
36 2.43 2.35 1.73 1.68 1.35 1.33 1.30 1.28
37 2.53 2.50 1.80 1.75 1.43 1.43 1.38 1.38
38 2.68 2.60 1.90 1.90 1.50 1.53 1.45 1.48
39 2.85 2.73 2.03 2.05 1.60 1.65 1.55 1.60
40 2.98 2.90 2.18 2.20 1.73 1.78 1.68 1.73
41 3.13 3.10 2.30 2.40 1.88 1.95 1.83 1.90
42 3.35 3.28 2.58 2.58 2.08 2.10 2.03 2.05
43 3.60 3.53 2.88 2.78 2.33 2.28 2.28 2.23
44 3.83 3.78 3.13 3.05 2.55 2.50 2.50 2.45
45 4.20 4.00 3.45 3.30 2.80 2.73 2.73 2.68
46 4.63 4.33 3.83 3.58 3.15 2.98 3.10 2.93
47 5.08 4.60 4.23 3.85 3.48 3.23 3.40 3.18
48 5.53 4.90 4.63 4.18 3.83 3.48 3.75 3.40
49 6.15 5.30 5.15 4.53 4.30 3.80 4.23 3.73
50 6.83 5.60 5.75 4.83 4.83 4.08 4.75 4.03
51 7.38 5.90 6.30 5.13 5.28 4.30 5.21 4.23
52 7.93 6.30 6.95 5.50 5.83 4.63 5.75 4.55
53 8.50 6.65 7.60 5.83 6.38 4.90 6.30 4.83
54 9.25 7.08 8.33 6.28 7.00 5.25 6.93 5.18
 

Quarterly SELECT Premium Schedule Per $10,000 Unit

Application Postmark Age $100,000 - $240,000 $250,000 - $500,000 $510,000 - $990,000 $1,000,000 - $2,000,000
  Male Female Male Female Male Female Male Female
35 and Under 2.40 2.075 1.750 1.400 1.750 1.100 1.225 1.050
36 2.50 2.125 1.875 1.500 1.875 1.150 1.275 1.100
37 2.575 2.225 1.925 1.550 1.925 1.200 1.325 1.150
38 2.675 2.35 2.075 1.675 2.075 1.300 1.425 1.250
39 2.825 2.475 2.225 1.775 2.225 1.425 1.550 1.375
40 2.975 2.600 2.400 1.925 2.400 1.525 1.675 1.475
41 3.175 2.80 2.575 2.100 2.575 1.675 1.775 1.625
42 3.425 2.975 2.800 2.275 2.800 1.825 2.000 1.775
43 3.625 3.225 3.025 2.525 3.025 2.000 2.175 1.925
44 3.950 3.425 3.350 2.725 3.350 2.200 2.375 2.150
45 4.225 3.650 3.625 2.925 3.625 2.375 2.650 2.325
46 4.525 3.825 3.925 3.125 3.925 2.550 2.875 2.500
47 4.90 4.075 4.275 3.375 4.275 2.725 3.225 2.650
48 5.25 4.30 4.600 3.600 4.600 2.925 3.550 2.850
49 5.625 4.525 4.925 3.800 4.925 3.100 3.900 3.025
50 6.125 4.850 5.325 4.100 5.325 3.350 4.325 3.275
51 6.650 5.125 5.875 4.400 5.875 3.575 4.725 3.500
52 7.20 5.45 6.425 4.700 6.425 3.850 5.200 3.775
53 7.85 5.75 7.025 5.025 7.025 4.125 5.750 4.050
54 8.50 6.15 7.700 5.400 7.700 4.450 6.275 4.375
55 9.275 6.575 8.450 5.800 8.450 4.775 6.900 4.700
56 10.05 7.025 9.250 6.225 9.250 5.125 7.575 5.025
57 10.90 7.450 9.975 6.675 9.975 5.525 8.150 5.450
58 11.85 8.025 10.950 7.225 10.950 5.975 8.975 5.875
59 12.925 8.575 12.000 7.775 12.000 6.450 9.850 6.350
60 14.25 9.30 13.250 8.375 13.250 6.950 10.925 6.850
61 15.70 10.15 14.750 9.300 14.750 7.725 12.150 7.625
62 17.425 11.05 16.500 10.200 16.500 8.500 13.575 8.400
63 19.375 12.175 18.400 11.300 18.400 9.400 15.200 9.275
64 21.55 13.35 20.600 12.400 20.600 10.350 17.000 10.225

Quarterly SELECT Premium Schedule Per 10,000 Unit with Waiver of Premium Option

Age as of Application Postmark

$100,000 to $240,000

$250,000 to $500,000

$510,000 to $990,000

$1,000,000 and Over

M F M F M F M F
20 2.625 2.350 1.975 1.675 1.500 1.375 1.450 1.325
21 2.650 2.350 2.000 1.675 1.525 1.375 1.475 1.325
22 2.650 2.375 2.000 1.700 1.525 1.400 1.475 1.350
23 2.650 2.375 2.000 1.700 1.525 1.400 1.475 1.350
24 2.675 2.375 2.025 1.700 1.550 1.400 1.500 1.350
25 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
26 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
27 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
28 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
29 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
30 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
31 2.675 2.400 2.025 1.725 1.550 1.425 1.500 1.375
32 2.700 2.425 2.050 1.750 1.575 1.450 1.525 1.400
33 2.700 2.450 2.050 1.775 1.575 1.475 1.525 1.425
34 2.725 2.500 2.075 1.825 1.600 1.525 1.550 1.475
35 2.750 2.525 2.100 1.850 1.625 1.550 1.575 1.500
36 2.875 2.600 2.250 1.975 1.700 1.625 1.650 1.575
37 3.000 2.725 2.350 2.050 1.800 1.700 1.750 1.650
38 3.125 2.900 2.525 2.225 1.925 1.850 1.875 1.800
39 3.300 3.050 2.700 2.350 2.075 2.000 2.025 1.950
40 3.500 3.225 2.925 2.550 2.250 2.150 2.200 2.100
41 3.725 3.500 3.125 2.800 2.400 2.375 2.325 2.325
42 4.025 3.725 3.400 3.025 2.650 2.575 2.600 2.525
43 4.275 4.025 3.675 3.325 2.875 2.800 2.825 2.725
44 4.700 4.300 4.100 3.600 3.200 3.075 3.125 3.025
45 5.050 4.625 4.450 3.900 3.525 3.350 3.475 3.300
46 5.500 4.900 4.900 4.200 3.925 3.625 3.850 3.575
47 6.025 5.275 5.400 4.575 4.425 3.925 4.350 3.850
48 6.600 5.700 5.950 5.000 4.975 4.325 4.900 4.250
49 7.225 6.125 6.525 5.400 5.575 4.700 5.500 4.625
50 7.975 6.575 7.175 5.825 6.250 5.075 6.175 5.000
51 8.625 6.925 7.850 6.200 6.800 5.375 6.700 5.300
52 9.300 7.300 8.525 6.550 7.400 5.700 7.300 5.625
53 10.075 7.675 9.250 6.950 8.050 6.050 7.975 5.975
54 10.850 8.125 10.050 7.375 8.725 6.425 8.625 6.350
 

Quarterly STANDARD Rates per $10,000 unit

Age as of Application Postmark

$100,000 to $240,000

$250,000 to $500,000

$510,000 to $990,000

$1,000,000 and Over

M F M F M F M F
20 5.700 4.850 4.950 4.175 3.975 3.325 3.900 3.250
21 5.700 4.850 4.950 4.175 3.975 3.325 3.900 3.250
22 5.700 4.850 4.950 4.175 3.975 3.325 3.900 3.250
23 5.700 4.850 4.950 4.175 3.975 3.325 3.900 3.250
24 5.725 4.850 5.000 4.175 4.000 3.325 3.925 3.250
25 5.725 4.850 5.000 4.175 4.000 3.325 3.925 3.250
26 5.750 4.850 5.050 4.175 4.025 3.325 3.950 3.250
27 5.750 4.850 5.050 4.175 4.025 3.325 3.950 3.250
28 5.800 4.900 5.075 4.200 4.075 3.350 4.000 3.275
29 5.850 4.900 5.100 4.200 4.100 3.350 4.025 3.275
30 5.875 4.975 5.150 4.225 4.125 3.375 4.050 3.300
31 5.875 4.975 5.150 4.225 4.125 3.375 4.050 3.300
32 5.875 4.975 5.150 4.225 4.125 3.375 4.050 3.300
33 5.875 4.975 5.150 4.225 4.125 3.375 4.050 3.300
34 5.875 4.975 5.150 4.225 4.125 3.375 4.050 3.300
35 6.050 5.075 5.350 4.350 4.275 3.475 4.200 3.400
36 6.325 5.525 5.575 4.600 4.475 3.675 4.400 3.600
37 6.725 5.700 5.950 4.950 4.775 3.975 4.700 3.900
38 7.150 6.150 6.400 5.425 5.125 4.350 5.025 4.275
39 7.750 6.725 6.950 5.950 5.600 4.775 5.500 4.700
40 8.350 7.200 7.600 6.425 6.125 5.175 6.025 5.100
41 9.125 7.750 8.350 6.950 6.750 5.600 6.650 5.500
42 10.025 8.275 9.200 7.500 7.450 6.050 7.350 5.950
43 11.050 8.950 10.200 8.125 8.250 6.550 8.125 6.450
44 12.150 9.575 11.275 8.800 9.150 7.100 9.025 7.000
45 13.300 10.300 12.425 9.475 10.075 7.675 9.950 7.575
46 14.600 11.050 13.675 10.200 11.125 8.250 11.000 8.125
47 16.025 11.850 15.100 10.975 12.275 8.900 12.125 8.775
48 17.525 12.725 16.525 11.825 13.475 9.600 13.325 9.475
49 19.075 13.600 18.050 12.700 14.725 10.300 14.575 10.175
50 20.650 14.500 19.600 13.550 15.975 11.025 15.800 10.900
51 22.175 15.425 21.100 14.450 17.175 11.775 16.975 11.650
52 23.650 16.375 22.525 15.425 18.375 12.550 18.175 12.400
53 25.200 17.375 24.050 16.400 19.625 13.350 19.425 13.200
54 26.950 18.400 25.800 17.375 21.025 14.150 20.825 14.000
55 28.950 19.450 27.725 18.425 22.625 15.000 22.400 14.825
56 31.200 20.375 29.900 19.350 24.400 15.750 24.150 15.575
57 33.575 21.275 32.250 20.225 26.350 16.475 26.100 16.300
58 36.275 22.225 34.925 21.150 28.525 17.250 28.250 17.075
59 39.450 23.450 38.000 22.350 31.050 18.225 30.750 18.025
60 43.150 25.075 41.650 23.950 34.025 19.525 33.700 19.325
61 47.200 27.150 45.575 25.975 37.275 21.200 36.925 20.975
62 51.575 29.650 49.850 28.400 40.775 23.200 40.400 22.975
63 56.725 32.500 54.900 31.175 44.900 25.450 44.475 25.200
64 63.025 35.675 61.200 34.300 50.050 28.000 49.575 27.725

Quarterly STANDARD Rates per $10,000 unit with Waiver of Premium Option

Age as of Application Postmark

$100,000 to $240,000

$250,000 to $500,000

$510,000 to $990,000

$1,000,000 and Over

M F M F M F M F
20 6.075 5.275 5.325 4.600 4.350 3.750 4.275 3.675
21 6.075 5.275 5.325 4.600 4.350 3.750 4.275 3.675
22 6.125 5.300 5.375 4.625 4.400 3.775 4.325 3.700
23 6.125 5.300 5.375 4.625 4.400 3.775 4.325 3.700
24 6.175 5.325 5.450 4.650 4.450 3.800 4.375 3.725
25 6.175 5.350 5.450 4.675 4.450 3.825 4.375 3.750
26 6.200 5.350 5.500 4.675 4.475 3.825 4.400 3.750
27 6.200 5.350 5.500 4.675 4.475 3.825 4.400 3.750
28 6.250 5.400 5.525 4.700 4.525 3.850 4.450 3.775
29 6.325 5.400 5.575 4.700 4.575 3.850 4.500 3.775
30 6.350 5.500 5.625 4.750 4.600 3.900 4.525 3.825
31 6.350 5.525 5.625 4.775 4.600 3.925 4.525 3.850
32 6.375 5.550 5.650 4.800 4.625 3.950 4.550 3.875
33 6.400 5.600 5.675 4.850 4.650 4.000 4.575 3.925
34 6.450 5.675 5.725 4.925 4.700 4.075 4.625 4.000
35 6.675 5.850 5.975 5.125 4.900 4.250 4.825 4.175
36 7.025 6.350 6.275 5.425 5.175 4.500 5.100 4.425
37 7.475 6.600 6.700 5.850 5.525 4.875 5.450 4.800
38 7.975 7.175 7.225 6.450 5.950 5.375 5.850 5.300
39 8.650 7.850 7.850 7.075 6.500 5.900 6.400 5.825
40 9.375 8.450 8.625 7.675 7.150 6.425 7.050 6.350
41 10.250 9.100 9.475 8.300 7.875 6.950 7.775 6.850
42 11.275 9.725 10.450 8.950 8.700 7.500 8.600 7.400
43 12.450 10.550 11.600 9.725 9.650 8.150 9.525 8.050
44 13.750 11.325 12.875 10.550 10.750 8.850 10.625 8.750
45 15.125 12.250 14.250 11.425 11.900 9.625 11.775 9.525
46 16.750 13.250 15.825 12.400 13.275 10.450 13.150 10.325
47 18.550 14.350 17.625 13.475 14.800 11.400 14.650 11.275
48 20.550 15.575 19.550 14.675 16.500 12.450 16.350 12.325
49 22.725 16.875 21.700 15.975 18.375 13.575 18.225 13.450
50 24.875 18.050 23.825 17.100 20.200 14.575 20.025 14.450
51 26.675 19.100 25.600 18.125 21.675 15.450 21.475 15.325
52 28.450 20.200 27.325 19.250 23.175 16.375 22.975 16.225
53 30.300 21.350 29.150 20.375 24.725 17.325 24.525 17.175
54 32.325 22.500 31.175 21.475 26.400 18.250 26.200 18.100
 

Quarterly CHILD Premium Schedule

One quarterly premium covers all eligible dependent children regardless of number.

For Benefit Amounts of:
5,000 10,000 15,000 20,000 25,000
2.50 5.00 7.50 10.00 12.50

 

Premiums may vary due to rounding when billed.

Premiums are guaranteed to remain level for the first 10 years of coverage. Then, if still eligible, you may reapply for 10-year level rates in effect for a subsequent 10-year term; rates for the subsequent term would be determined based on the proposed insured's then current age, health and smoking status and guaranteed for 10 years. If you're not approved for a subsequent 10-year term of guaranteed rates, or do not apply for a subsequent 10-year term, coverage will continue in force on a non-guaranteed rate basis with increasing premiums as the insured ages.

The rates shown for the 10-Year Level Term Life Insurance Plan are the rates New York Life currently charges and reflect the current benefit structure. The cost of this life insurance is based upon the member and spouse/domestic partner’s (DP) gender, amount of insurance requested, usage of tobacco/nicotine products, health status, and attained age on the date the application is postmarked. Only non-smokers meeting the highest underwriting standards may qualify for the Preferred rates. Other non-smokers may qualify for the Select rates, higher but still competitive. Approved smokers would qualify for the Standard rates only–the plan’s highest. Upon approval of your application, you will be notified of the rate classification for each approved person. Premium rates will vary depending on the option chosen.

Benefit options are not guaranteed and are subject to change by agreement between New York Life and ABE. Coverage terminates on the June 1 Group Policy anniversary on or next following the Member's 75th birthday. See When Insurance Ends.

Underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010 under Group Policy G-29104-0 on Policy Form GMR-FACE/G-29104-0.

W16

2016 Insurance check-up
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