An Offer for
New NAR Members
Help Protect Those Your Love
Current 2022/23 Monthly Group Term Life Rates
Coverage amounts available: $10,000-$50,000
The initial cost of insurance is based on your attained age when insurance becomes effective, the amount of insurance selected, your gender*, tobacco/nicotine use, and health status. The cost increases as you grow older. If approved, you will be notified of your rate classification. To calculate the cost for amounts over $10,000 find the correct column and multiply the amount shown for the $10,000 unit by the number of the $10,000 units desired.
Monthly Rates Per $10,000 for amounts of insurance $50,000 and under.
Applicant
Age
20-24
25-29
30-34
35-39
40-44
45-49
50-54**
55-59**
60-64**
65-69**
70-74**
Male
Nonsmoker
$1.10
$1.20
$1.30
$1.40
$1.80
$2.90
$4.20
$7.40
$12.40
$21.00
$33.70
Male
Smoker
$1.60
$2.10
$2.20
$2.50
$3.70
$6.20
$8.70
$14.90
$23.20
$36.10
$52.20
Female
Nonsmoker
$0.50
$0.60
$0.70
$1.00
$1.30
$2.10
$3.60
$6.20
$9.60
$14.40
$22.60
Female
Smoker
$0.70
$0.90
$1.30
$1.90
$2.60
$4.20
$7.60
$12.60
$18.90
$27.30
$41.00
*Male rates apply to all coverage issued to Montana residents, regardless of a person’s sex.
**For renewal only. Benefits reduce to 65% of the pre-age AGE 65 insurance inforce when Member reaches age 65. Age 70 and above, benefit amount is reduced to 50% of the pre-age AGE 65 insurance inforce. Premiums do not reduce.
The premium contributions shown reflect the current rate and benefit structure. Premium contributions may be changed by New York Life Insurance Company on any premium due date (but not more than once in any 12-month period) and any date on which benefits are changed. However, your rates may change only if they are changed for all others in the same class of insurance under this group policy. For example, a class of insureds is a group of people all with the same issue age, and tobacco/nicotine use. Benefit option amounts are not guaranteed and are subject to change by agreement between New York Life Insurance Company and the National Association of REALTORS.