| Plan | Plan Description | * | Rate | Rate Explanation |
|---|---|---|---|---|
| 1 | Single Premium, Reducing Coverage, Single Life | * | $0.300 | per year per $100 initial insured indebtedness |
| 2 | Single Premium, Level Coverage, Single Life | * | $0.576 | per year per $100 insured indebtedness |
| 3 | Outstanding Balance, Revolving Loan, Single Life | $0.480 | per month per $1000 outstanding insured indebtedness | |
| 4 | Outstanding Balance, Other, Single Life | $0.480 | per month per $1000 outstanding insured indebtedness | |
| 5 | Single Premium, Reducing Coverage, Joint Life | * | $0.450 | per year per $100 initial insured indebtedness |
| 6 | Single Premium, Level Coverage, Joint Life | * | $0.864 | per year per $100 insured indebtedness |
| 7 | Outstanding Balance, Revolving Loan, Joint Life | $0.720 | per month per $1000 outstanding insured indebtedness | |
| 8 | Outstanding Balance, Other, Joint Life | $0.720 | per month per $1000 outstanding insured indebtedness |
* Single premium rates for plans 1, 2, 5, and 6 must be multiplied by the discount factor which is restated as follows:
| Discount Factor = |  |
Where n = The term of the insurance coverage in months