CPA Life Insurance Plan
Select Status
Lower Select Status rates are available to current Plan participants ages 45-79, as of the October 1 Plan entrance date, and are obtained by submitting medical evidence of good health. By applying for Select Status now, you can save 25% to 50% on the cost of your life insurance coverage.
You may continue your Select Status participation at the end of each fifteen-year period with submission and approval of updated medical evidence. If your request for continued Select Status is not approved, your coverage will not be decreased or terminated. You will simply be billed for coverage at standard Plan rates. The table below shows the current gross monthly costs per $10,000 of life coverage.
| Gross Monthly Cost per $10,000 of Coverage Assumes Male with Waiver of Contribution Provision |
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| Age | Standard Rate* | Select Status Rate* | Percentage Saved |
| 45-49 | $1.80 | $1.00 | 46% |
| 50-54 | $3.30 | $1.70 | 48% |
| 55-59 | $6.14 | $3.18 | 48% |
| 60-64 | $9.60 | $5.40 | 45% |
| 65-69 | $16.90 | $9.70 | 44% |
| 70-74 | $30.20 | $19.40 | 36% |
| 75-79 | $53.60 | $36.60 | 32% |
* Does not include optional AD&D available to insureds under age 65 and insureds ages 65-74 at a monthly cost of $0.20 and $0.30 per $10,000 respectively. AD&D terminates at insured's age 75.
Optional Waiver of Contribution Provision not available past age 59.
Your rate will change as you enter a higher age category or because the rate was changed for your class.
Please have your account number ready to complete the online application.
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