### Rates Effective September 1, 2019

Policies Up To And Including | Basic Premium | Policies Up To And Including | Basic Premium | Policies Up To And Including | Basic Premium | Policies Up To And Including | Basic Premium |
---|---|---|---|---|---|---|---|

$25,000 | $328 | $44,000 | $456 | $63,000 | $583 | $82,000 | $711 |

$25,500 | $331 | $44,500 | $459 | $63,500 | $587 | $82,500 | $716 |

$26,000 | $335 | $45,000 | $463 | $64,000 | $591 | $83,000 | $720 |

$26,500 | $338 | $45,500 | $466 | $64,500 | $594 | $83,500 | $722 |

$27,000 | $340 | $46,000 | $469 | $65,000 | $597 | $84,000 | $725 |

$27,500 | $343 | $46,500 | $473 | $65,500 | $600 | $84,500 | $729 |

$28,000 | $347 | $47,000 | $475 | $66,000 | $604 | $85,000 | $732 |

$28,500 | $350 | $47,500 | $478 | $66,500 | $609 | $85,500 | $735 |

$29,000 | $355 | $48,000 | $483 | $67,000 | $612 | $86,000 | $738 |

$29,500 | $358 | $48,500 | $487 | $67,500 | $613 | $86,500 | $743 |

$30,000 | $361 | $49,000 | $490 | $68,000 | $617 | $87,000 | $747 |

$30,500 | $364 | $49,500 | $493 | $68,500 | $621 | $87,500 | $749 |

$31,000 | $368 | $50,000 | $496 | $69,000 | $624 | $88,000 | $752 |

$31,500 | $371 | $50,500 | $499 | $69,500 | $627 | $88,500 | $756 |

$32,000 | $374 | $51,000 | $501 | $70,000 | $631 | $89,000 | $760 |

$32,500 | $378 | $51,500 | $505 | $70,500 | $635 | $89,500 | $762 |

$33,000 | $381 | $52,000 | $510 | $71,000 | $639 | $90,000 | $765 |

$33,500 | $385 | $52,500 | $514 | $71,500 | $641 | $90,500 | $769 |

$34,000 | $388 | $53,000 | $516 | $72,000 | $644 | $91,000 | $773 |

$34,500 | $392 | $53,500 | $520 | $72,500 | $648 | $91,500 | $777 |

$35,000 | $395 | $54,000 | $523 | $73,000 | $651 | $92,000 | $779 |

$35,500 | $398 | $54,500 | $526 | $73,500 | $654 | $92,500 | $783 |

$36,000 | $401 | $55,000 | $529 | $74,000 | $658 | $93,000 | $786 |

$36,500 | $405 | $55,500 | $532 | $74,500 | $662 | $93,500 | $790 |

$37,000 | $408 | $56,000 | $537 | $75,000 | $666 | $94,000 | $791 |

$37,500 | $412 | $56,500 | $540 | $75,500 | $668 | $94,500 | $796 |

$38,000 | $416 | $57,000 | $543 | $76,000 | $671 | $95,000 | $801 |

$38,500 | $419 | $57,500 | $547 | $76,500 | $674 | $95,500 | $804 |

$39,000 | $421 | $58,000 | $551 | $77,000 | $678 | $96,000 | $805 |

$39,500 | $425 | $58,500 | $553 | $77,500 | $681 | $96,500 | $809 |

$40,000 | $428 | $59,000 | $556 | $78,000 | $685 | $97,000 | $813 |

$40,500 | $433 | $59,500 | $560 | $78,500 | $689 | $97,500 | $817 |

$41,000 | $435 | $60,000 | $564 | $79,000 | $693 | $98,000 | $820 |

$41,500 | $439 | $60,500 | $568 | $79,500 | $694 | $98,500 | $824 |

$42,000 | $442 | $61,000 | $571 | $80,000 | $698 | $99,000 | $827 |

$42,500 | $446 | $61,500 | $573 | $80,500 | $702 | $99,500 | $830 |

$43,000 | $448 | $62,000 | $577 | $81,000 | $706 | $100,000 | $832 |

$43,500 | $452 | $62,500 | $581 | $81,500 | $708 |

### Basic premium for policies in excess of $100,000 shall be calculated according to the steps below:

- Step 1 In column (1), find the range including the policy's face value.
- Step 2 Subtract the value in column (2) from the policy's face value.
- Step 3 Multiply the result in Step 2 by the value in column (3), and round to the nearest dollar.
- Step 4 Add the value in column (4) to the result of the value from Step 3.

**(See calculation examples following the table below)**

### Title Basic Premium Calculation for Policies in Excess of $100,000

(1) Policy Range |
(2) Subtract |
(3) Multiply by |
(4) Add |

[$100,001 - $1,000,000] | 100,000 | 0.00527 | $832 |

[$1,000,001 - $5,000,000] | 1,000,000 | 0.00433 | $5,575 |

[$5,000,001 - $15,000,000] | 5,000,000 | 0.00357 | $22,895 |

[$15,000,001 - $25,000,000] | 15,000,000 | 0.00254 | $58,595 |

[$25,000,001 - $50,000,000] | 25,000,000 | 0.00152 | $83,995 |

[$50,000,001 - $100,000,000] | 50,000,000 | 0.00138 | $121,995 |

[Greater than $100,000,000] | 100,000,000 | 0.00124 | $190,995 |

### Examples

Policy Value | Basic Premium |

$268,500 | $1,720 |

$4,826,600 | $22,144 |

$10,902,800 | $43,968 |

$17,295,100 | $64,425 |

$39,351,800 | $105,810 |

$75,300,200 | $156,909 |

$151,250,300 | $254,545 |

### Examples for Policies in Excess of $100,000

#### Example 1:

(1) Policy is $268,500(2) Subtract $100,000 ==> $268,500 - $100,000 ==> Result = $168,500

(3) Multiply by 0.00527 ==> $168,500 x 0.00527 ==> $888.00 ==> Result = $888

(4) Add $832 ==> $888 + $832 ==> Final Result = $1,720

#### Example 2:

(1) Policy is $4,826,600(2) Subtract $1,000,000 ==> $4,826,600 - $1,000,000 ==> Result = $3,826,600

(3) Multiply by 0.00433 ==> $3,826,600 x 0.00433 ==> $16,569.18 ==> Result = $16,569

(4) Add $5,575 ==> $16,569 + $5,575 ==> Final Result = $22,144

#### Example 3:

(1) Policy is $10,902,800(2) Subtract $5,000,000 ==> $10,902,800 - $5,000,000 ==> Result = $5,902,800

(3) Multiply by 0.00357 ==> $5,902,800 x 0.00357 ==> $21,073.00 ==> Result = $21,073

(4) Add $22,895 ==> $21,073 + $22,895 ==> Final Result = $43,968

#### Example 4:

(1) Policy is $17,295,100(2) Subtract $15,000,000 ==> $17,295,100 - $15,000,000 ==> Result = $2,295,100

(3) Multiply by 0.00254 ==> $2,295,100 x 0.00254 ==> $5,829.55 ==> Result = $5,830

(4) Add $58,595 ==> $5,830 + $58,595 ==> Final Result = $64,425

#### Example 5:

(1) Policy is $39,351,800

(2) Subtract $25,000,000 ==> $39,351,800 - $25,000,000 ==> Result = $14,351,800

(3) Multiply by 0.00152 ==> $14,351,800 x 0.00152 ==> $21,814.74 ==> Result = $21,815

(4) Add $83,995 ==> $21,815 + $83,995 ==> Final Result = $105,810

#### Example 6:

(1) Policy is $75,300,200(2) Subtract $50,000,000 ==> $75,300,200 - $50,000,000 ==> Result = $25,300,200

(3) Multiply by 0.00138 ==> $25,300,200 x 0.00138 ==> $34,914.28 ==> Result = $34,914

(4) Add $121,995 ==> $34,914 + $121,995 ==> Final Result = $156,909

#### Example 7:

(1) Policy is $151,250,300

(2) Subtract $100,000,000 ==> $151,250,300 - $100,000,000 ==> Result = $51,250,300

(3) Multiply by 0.00124 ==> $51,250,300 x 0.00124 ==> $63,550.37 ==> Result = $63,550

(4) Add $190,995 ==> $63,550 + $190,995 ==> Final Result = $254,545