Disability Rates At-A-Glance

Sample Individual Disability Insurance Rates

Monthly Premium per $1,000 of Monthly Benefit

 

 

5A Occupation Class:  This class includes professionals and certain white-collar occupations.  Job requirements tend to be office based.

Common 5A Occupations:  Attorneys, CPA’s, Executives, Engineers, Pharmacists

Age

Male Rate

Female Rate

Multi-Life Discount Rate*

30

$ 19.50

$ 30.56

$ 16.47

40

$ 28.74

$ 40.25

$ 23.70

50

$ 42.19

$ 50.43

$ 33.75

 

4A Occupation Class:  This class, like the 5A Occupation Class, includes some professionals and white-collar occupations but with a lesser degree of specialty.  Job requirements also tend to be office based.

Common 4A Occupations:  Financial Advisors, Bankers, White Collar Analysts

Age

Male Rate

Female Rate

Multi-Life Discount Rate*

30

$ 25.33

$ 39.71

$ 22.57

40

$ 37.33

$ 52.33

$ 32.27

50

$ 54.78

$ 65.56

$ 45.63

 

3A Occupation Class:   This class includes most other office-based employees but also includes other types of occupations.  The common factor is these occupations tend to be stable positions.

Common 3A Occupations:  Most office workers/admins, Physician Assistants and Nurse Practitioners

Age

Male Rate

Female Rate

Multi-Life Discount Rate*

30

$ 29.93

$ 48.69

$ 26.96

40

$ 43.53

$ 64.28

$ 38.14

50

$ 64.86

$ 79.71

$ 54.39

 

 

Assumptions:  Benefits are payable after 180 days of disability and payable to age 65.  True Own-Occupation and Residual Disability benefits are included.  Based on a Colorado resident and nonsmoker rates.

* Based on unisex rates with an additional 10% discount.  Multi-Life discount given if three or more people from a common employer purchase a policy.