Page 8 - Tetra Renewal 2020
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The Tetra Corporation
Ancillary Analysis: July 1, 2020
Benefits Current Principal Alternative: UNUM
Group Term Life/AD&D
Class 1- Executives: $200,000 GI Benefit
Class 2-all other eligible employees: $100,000 GI Benefit .216/.028 .230/.030
11 Lives
Monthly Premium $341.60 $364.00
STD
All Eligible Employees: 8/8/12, 60% of weekly earnings
to a maximum of $1,500 per week. 0.35 0.31
11 Lives
Monthly Premium $255.44 $226.30
Long Term Disability
All Eligible Employees: 90 day Elimination Period,
60% of Monthly earnings to a maximum of $10,000 month 0.43 0.33
11 Lives
Monthly Premium: $267.86 $205.56
Estimated Total Monthly Premium: $864.90 $795.86
Principal rates effective 2/1/2020-1/31/2021.
UNUM rates effective 7/1/2020-6/30/2022.
