Monthly premium rates per $1,000 of coverage† | ||||
---|---|---|---|---|
How your premiums are calculatedTo calculate the monthly premium for each Insured Person, find the rate that applies to him or her in the rate table and multiply it by the average amount of coverage during the month, then divide the answer by 1,000. Example:For a male non-smoker1, aged 35, whose business has a loan with an average balance for the month of |
||||
Male | Female | |||
Age | Non-smoker1 | Smoker | Non-smoker1 | Smoker |
32 and under
|
0.10
|
0.14
|
0.09
|
0.10
|
33
|
0.12
|
0.15
|
0.09
|
0.10
|
34
|
0.12
|
0.16
|
0.09
|
0.10
|
35
|
0.12
|
0.17
|
0.09
|
0.10
|
36
|
0.13
|
0.18
|
0.09
|
0.11
|
37
|
0.13
|
0.19
|
0.09
|
0.12
|
38
|
0.14
|
0.20
|
0.09
|
0.14
|
39
|
0.15
|
0.22
|
0.10
|
0.17
|
40
|
0.16
|
0.24
|
0.11
|
0.19
|
41
|
0.17
|
0.27
|
0.12
|
0.22
|
42
|
0.18
|
0.30
|
0.13
|
0.24
|
43
|
0.20
|
0.33
|
0.14
|
0.26
|
44
|
0.21
|
0.37
|
0.15
|
0.29
|
45
|
0.23
|
0.40
|
0.16
|
0.31
|
46
|
0.25
|
0.45
|
0.17
|
0.34
|
47
|
0.28
|
0.49
|
0.18
|
0.36
|
48
|
0.30
|
0.54
|
0.20
|
0.39
|
49
|
0.33
|
0.60
|
0.21
|
0.43
|
50
|
0.36
|
0.66
|
0.23
|
0.46
|
51
|
0.40
|
0.73
|
0.25
|
0.50
|
52
|
0.44
|
0.80
|
0.28
|
0.54
|
53
|
0.48
|
0.88
|
0.30
|
0.58
|
54
|
0.52
|
0.96
|
0.33
|
0.63
|
55
|
0.57
|
1.05
|
0.36
|
0.68
|
56
|
0.62
|
1.15
|
0.40
|
0.73
|
57
|
0.68
|
1.26
|
0.44
|
0.79
|
58
|
0.74
|
1.37
|
0.49
|
0.86
|
59
|
0.81
|
1.48
|
0.54
|
0.93
|
60
|
0.89
|
1.61
|
0.60
|
1.01
|
61
|
0.97
|
1.74
|
0.67
|
1.09
|
62
|
1.07
|
1.88
|
0.75
|
1.18
|
63
|
1.18
|
2.02
|
0.83
|
1.27
|
64
|
1.30
|
2.39
|
0.93
|
1.38
|
65
|
1.43
|
2.55
|
1.04
|
1.49
|
66
|
1.58
|
2.73
|
1.17
|
1.61
|
67
|
1.74
|
2.90
|
1.31
|
1.74
|
68
|
1.92
|
3.09
|
1.47
|
1.88
|
69
|
2.12
|
3.27
|
1.65
|
2.04
|
|
||||
|