IU Benefits at University Human Resource Services go to the IU Benefits homepage go to the University Human Resources homepage
Benefits home

SEE ALSO:

Premium Estimator for current premuim rates

LTD Enrollment / Change / Termination Form

Group Long Term Disability Insurance
Premium Estimator
(premiums prior to March 1, 2012)

The information you enter in this calculator is not saved or submitted to any system. If you wish, you may print a PDF of this information.

The monthly premium of the LTD insurance selected will vary based on age, salary, and the coverage option selected. The premiums will automatically be deducted from payroll. Employees can estimate how much the monthly premium will be by using the table below.

HOW TO CALCULATE MONTHLY PREMIUMS:
       1. Choose the option you want.
       2. Locate your age.
       3. Find the corresponding rate in the column of the option you selected.

Option A: 180-day Benefit Waiting Period
Option B: 90-day Benefit Waiting Period
Option C: 180-day Benefit Waiting Period with the Annuity Contribution Benefit (retirement protection)
Option D: 90-day Benefit Waiting Period with the Annuity Contribution Benefit (retirement protection)

Age Range

A

B

C

D

Under Age 40

.00067

.00078

.00084

.00101

40-44

.00163

.00212

.00194

.00252

45-49

.00274

.00352

.00315

.00406

50-54

.00440

.00567

.00507

.00653

55-69

.00539

.00700

.00624

.00810

70 and over

.00806

.01040

.00934

.01204

Your premium will automatically change based on your age and salary.

PREMIUM ESTIMATOR:

Enter your annual salary:
Do not use dollar sign or commas.

Enter the rate from the table

Estimated monthly premium: $


Long Term Disability Premiums Effective January 1, 2010.