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How Much Does it Cost?

Supplementary Term Group Life premiums are based on the age of the insured and are applied to each $1,000 of coverage.

The table below provides estimated costs for Supplemental Term Life coverage as of January 1, 2014. For current rates, please contact us at (888) 735-5514.

Age
Monthly Cost Per $1,000 of Coverage
20 - 24
$0.07
25 - 29
$0.07
30 - 34
$0.07
35 - 39
$0.10
40 - 44
$0.16
45 - 49
$0.27
50 - 54
$0.46
55 - 59
$0.77
60 - 64
$1.05
65 - 69
$1.72

Premiums for dependent children are a flat $2.10 per month—regardless of how many children you insure.

How to Calculate your Monthly Premium

  1. Determine the coverage you want and divide by 1,000
  2. Find your age range on the chart and determine the Monthly Cost Per $1,000 of Coverage for your age group
  3. Multiply the number from step 2 by the Monthly Cost Per $1,000 of Coverage

For example, if you are 46 and want to purchase 60,000 in coverage, multiply $0.27 x 60. Your monthly premium is $16.20

Life insurance and annuities are offered by or through Church Life Insurance Corporation, 19 East 34th Street, New York, NY 10016.

Life Insurance Disclaimer

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Need Help?

Our licensed life and retirement specialists are here to help.

Call (888) 735-7114
Monday – Friday
8:30AM - 8:00PM ET
(excluding holidays)
to schedule a complimentary discussion.

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