Calculate Your Premium
10-year term
Your estimated premium:
$25.00
(or $3,000.00/year)
20-year term
Your estimated premium:
$25.00
(or $3,000.00/year)
30-year term
Your estimated premium:
$25.00
(or $3,000.00/year)
Your premium is based on your age, gender and health when coverage begins.
The premium rates shown above are for alumni accepted on a “Preferred” plan basis. Preferred premiums are the lowest and require excellent health. Many applicants who are approved for AlumniTerm 10/20/30 are expected to be offered Preferred premiums. In some cases, you may be offered coverage with higher “Select” or “Standard” premium rates.
The premium at which you enter the plan is projected to remain the same for the initial 10, 20, or 30-year term and will not change due to your age or a change in your health status. While premiums are projected to remain level for the initial period, the Insurance company reserves the right to change rates for all insureds only once in a 12-month period.
Policies are issued by Metropolitan Life Insurance Company (MetLife), New York, NY. A $5.00 administrative fee will be added to each bill and is NOT included in the amounts shown above.