|
Home
> Life Insurance
Active and Retired LAPRA Members Only
LAPRA
offers life insurance to its active and retired members through
ASSURANT EMPLOYEE BENEFITS LIFE AND DISABILITY (formerly "Fortis
Life and Disability").
TERM
LIFE INSURANCE FOR MEMBERS ON ACTIVE DUTY:
You
have the option of choosing one of the following plans:
|
Active
to Age 70: |
Plan
I |
Plan
II |
Plan
III |
Plan
IV |
Plan
V |
Plan
VI |
| Natural
Death |
$5,700.00 |
$36,300.00 |
$60,400.00 |
$86,300.00 |
$172,500.00 |
$225,000.00 |
| Accidental
Death |
5,700.00
|
36,300.00
|
60,400.00
|
86,300.00
|
172,500.00
|
225,000.00
|
| Total
if Accidental Death |
$11,400.00 |
$72,600.00 |
$120,800.00 |
$172,600.00 |
$345,000.00 |
$450,000.00 |
| Dependent
Natural Death |
N/A |
6,900.00* |
6,900.00* |
6,900.00* |
6,900.00* |
6,900.00* |
| Dependent
if Accidental Death |
N/A |
6,900.00*
|
6,900.00*
|
6,900.00*
|
6,900.00*
|
6,900.00*
|
| Total
if Accidental Death |
N/A |
$13,800.00 |
$13,800.00 |
$13,800.00 |
$13,800.00 |
$13,800.00 |
| Cost
Per Payday |
$0.81 |
$4.25 |
$6.04 |
$8.62 |
$15.97 |
$22.75 |
|
Active Age 70 and over: |
Plan I |
Plan II |
Plan III |
Plan IV |
Plan V |
Plan VI |
| Natural
Death |
$2,200.00 |
$13,000.00 |
$13,000.00 |
$13,000.00 |
$13,000.00 |
$13,000.00 |
| Accidental
Death |
2,200.00
|
$13,000.00
|
$13,000.00
|
$13,000.00
|
$13,000.00
|
$13,000.00
|
| Total
if Accidental Death |
$4,400.00 |
$26,000.00 |
$26,000.00 |
$26,000.00 |
$26,000.00 |
$26,000.00 |
| Dependent
Natural Death |
N/A |
6,500.00* |
6,500.00* |
6,500.00* |
6,500.00* |
6,500.00* |
| Cost
Per Payday |
$0.81 |
$4.25 |
$4.25 |
$4.25 |
$4.25 |
$4.25 |
CONTINUED
BENEFIT FOR RETIRED MEMBERS WHO ENROLLED WHILE ACTIVE:
|
RETIRED TO AGE 65: |
Plan I |
Plan II |
Plan III-V |
Plan VI |
| Natural
Death |
$4,400.00 |
$25,900.00 |
$43,200.00 |
$50,000.00 |
| Accidental
Death |
4,400.00
|
$25,900.00
|
$43,200.00
|
$50,000.00
|
| Total
if Accidental Death |
$8,800.00 |
$51,800.00 |
$86,400.00 |
$100,000.00 |
| Dependent
Natural Death |
N/A |
6,900.00* |
6,900.00* |
6,900.00* |
| Cost
Per Month |
$1.62 |
$8.50 |
$12.08 |
$15.25 |
|
RETIRED TO AGE 65 TO 70: |
Plan I |
Plan II |
Plan III-V |
Plan VI |
| Natural
Death |
$2,200.00 |
$13,000.00 |
$13,000.00 |
$13,000.00 |
| Accidental
Death |
2,200.00
|
$13,000.00
|
$13,000.00
|
$13,000.00
|
| Total
if Accidental Death |
$4,400.00 |
$26,000.00 |
$26,000.00 |
$26,000.00 |
| Dependent
Natural Death |
N/A |
6,500.00* |
6,500.00* |
6,500.00* |
| Cost
Per Month |
$1.62 |
$8.50 |
$8.50 |
$8.50 |
|
RETIRED TO AGE
70 and over: |
Plan I |
Plan II |
Plan III-V |
Plan VI |
| Natural
Death |
N/A |
$6,900.00 |
$6,900.00 |
$6,900.00 |
| Accidental
Death |
N/A |
N/A |
N/A |
N/A |
| Spousal
Natural Death |
N/A |
$3,500.00 |
$3,500.00 |
$3,500.00 |
| Cost
Per Month |
N/A |
$8.50 |
$8.50 |
$8.50 |
|
|
