Page 10 - Michigan Fitness Foundation 2021 Booklet
P. 10
Michigan Fitness Foundation
January 2021 Ancillary Analysis
Benefits UNUM
Group Term Life/ AD & D
Amount: $50,000
35 Lives, Volume: $1,750,000; Rate .200/.022
Monthly Premium: $388.50
Short Term Disability
30/30/9; 66 2/3% of weekly earning, to a maximum of $1,500 per week
35 Lives, Volume: $29,539; Rate .38
Monthly Premium $1,122.49
Long Term Disability
90 day Elimination Period,
60% of monthly earnings to a maximum benefit of $6,000 per month
35 Lives, Volume: 184,839; Rate .64
Monthly Premium $1,214.69
Total Estimated Monthly Premium: $2,725.68
Total Estimated Annual Premium $32,708.16
Rate Guarantee through 10/1/2019- 9/30/2021
