Colquitt County Schools

Each Day - Excellence in Every Way

Announcement

Portable Term Life Insurance

Portable Term Life Insurance
  Employee may purchase up to three times their annual salary.
  Guaranteed issue amount: Employee: $200,000
    Spouse: $50,000
  The spouse may not elect more than 50% of the amount elected by the employee.
  Plan is portable - you may pay premiums directly to the insurance company if employment is terminated. Group rates do not apply.
  Units of coverage: Employee: $10,000
    Spouse $5,000
    Child(ren) $2,500 ($100 maximum benefit - birth to 6 months)
   
  Age Band Employee
Per $10,000
     

Child(ren)-Maximum $10,000
  Under 29 $ .35
$ .39
  30-34 $ .37
  35-39 $ .75
  40-44

$1.15


  45-49 $1.80
  50-54 $2.90
  55-59 $4.70
  60-64 $6.30
  65-69 $10.10
  70-74 $18.20
  75+ $32.20