GIC OPTIONAL LIFE INSURANCE RATES

Monthly GIC Rates as of July 1, 2014

 

ACTIVE
EMPLOYEE
AGE

EMPLOYEE
SMOKER
PAYS MONTHLY

EMPLOYEE
NON-SMOKER
PAYS MONTHLY

 

Per $1,000
of coverage

Per $1,000
of coverage

Under Age 35 

$.10

$.05

35-44

.12

.06

45-49

.22

.08

50-54

.35

.15

55-59

.54

.21

60-64

.80

.32

65-69

1.46

.74

Age 70 and over

2.58

1.17

 

 

This is a general description of the optional life insurance benefit. Please understand that this does not provide you with all the details of the plan. For more comprehensive information regarding any of our benefit programs, please refer to the Summary Plan description for each of the plans described which can be obtained in the Benefits Department.