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Employee optional life insurance premium rates are based on coverage level, annual pay, tobacco usage status and age. Do I use my age as of enrollment?

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Employee optional life insurance premium rates are based on coverage level, annual pay, tobacco usage status and age. Do I use my age as of enrollment?

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No. Your rate is based on your “insurance” age as of the first of the Plan year. To determine your “insurance” age, take the Plan year (2009), then subtract your birth year. The result is your “insurance” age for all of 2009.

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